First-time homebuyers could get $50,000 under new bill

There’s talk of a new bill that could provide first-time homebuyers with up to $50,000 in federal matching funds toward their down payment—a 5-to-1 match, with a few key requirements. To qualify, buyers would need to complete counseling and focus their search on homes priced at or below the local median. Some argue that this proposal could push prices up without increasing housing supply, but initiatives like these highlight just how important the right guidance is when you’re navigating your options. At The KC Mortgage Duo, our background in service and commitment to education means we’re always here to help you understand how programs like this might fit into your homebuying journey. We believe in treating our clients like family and making sure every step is clear and tailored to your goals.