With new low down payment loan programs being introduced, you are seeing more and more first time homebuyers making a purchase. Because of this, the average down payment is less and less each month. Along with the support of these new loan programs, lower insurance premiums for FHA loans went into effect at the end of January. This has opened the door for more first-time homebuyers to enter the market. Click here to read further and to take a look at the counties with the lowest and highest average down payment percentage in the first quarter.