your road home enews

Before you buy, it’s important to understand the ongoing expenses you could have related to homeownership.

As you prepare to become a homeowner, you need to make sure you’re ready for the expenses beyond your mortgage payment.

There’s positive news if you’ve thinking about buying a home in 2026. After the challenging market in 2025, housing affordability is expected to gradually start improving next year, according to economists with the National Association of Realtors® and Redfin.

When you are thinking about buying a home it’s important to understand the loan approval process. Part of that is knowing how lenders assess your creditworthiness for a mortgage loan.

It is a buyer’s market in Colorado. Real estate agents say it has been more than a decade since buyers have had the kind of choices they have now.

“Financial education” and “fun” aren’t usually in the same sentence. That’s all changing with CHFA’s new partnership with Zogo, a gamified financial education app. Like Duolingo, Zogo rewards users for completing bite-sized education modules and answering short post-lesson quizzes.

Speaking with a mortgage loan professional is a great way to learn about the loan types and down payment assistance options available to you once you are ready to buy a home.

CHFA has been Colorado’s trusted partner for homeownership for more than 50 years, helping more than 155,000 people become homeowners. That includes Nyiesha and Donald, who recently shared their homeownership journey with CHFA.

If you’re thinking you want to buy a house, but you don’t know where to start, you’re not alone. At CHFA we hear this from many people we talk with in the community.

There is a lot of uncertainty around the economy and that may have you questioning how to best keep your finances on track. Financial experts tell the Associated Press, a good first step is to know your starting point with your finances.

From understanding credit to budgeting, April is Financial Literacy Month, and it is a great time to look at getting your finances in order to help you prepare for buying a home in the future.

Black and African American households are seeing success becoming first-time homebuyers. A recent survey from Zillow finds Black and African American first-time homebuyers have experienced the strongest rebound as first-time homebuyer rates have declined nationally.

If you’re considering buying a home this year, CHFA’s Homebuyer’s Roadmap can be a resource for you to learn streamlined information about the process.

In 2024, CHFA invested $76,789,215 in down payment assistance and supported 5,291 households with CHFA homeownership programs. The image below highlights 2024 homeownership statistics.

As you look ahead to 2025, you may be thinking this is the year you’ll buy your first home. You could have slightly better home options and prices than in the last few years, however, mortgage rates are expected to remain elevated, though the rates may moderate somewhat.

It may seem difficult to think about saving money around the holidays. From gifts to gatherings, the costs can add up. But there are ways you can still enjoy the holidays without overspending and going into debt.

We are starting to see the impact of the Federal Reserve’s first cut of its federal funds rate in more than four years last month. It cut the rate by half a percentage point.

There are many financial goals to strive for throughout life and one of the most impactful is building generational wealth. This is the ability to pass down your assets to a member of your family, so they may have greater opportunity for financial stability and possibly continue the cycle for the next generation.

When you buy a home, one of the most anticipated upfront costs is the down payment. Many believe they need to put 10 to 20 percent down, but that is not always the case with many assistance options available.

As a first-time homebuyer, it may be best to focus on your “needs” versus your “wants.” Answer the questions below to figure out what’s most important on your house-hunting list: