On The Market

225: Meet the New Zero-Down Mortgage + Why Lumber Prices Are Dropping


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Zero-down mortgages are back. That’s right. You can now get into a home with (potentially) zero dollars out-of-pocket. But wait…this is starting to sound a bit like 2008. Remember the fully-funded mortgages that didn’t require income verification? Are we back to the days of NINJA loans as homebuyers struggle with affordability, forcing them to take on zero-down loans? Not quite. We’ll explain why on this headlines show!

This time, we’re talking about the new zero-down mortgage loan. But that’s not all. One crucial housing metric has exploded, and if you sell, BRRRR, or flip houses, this is one metric you MUST pay attention to. Remember back in 2021 when lumber prices were so high that you needed to take out a personal loan to buy a toothpick? The mahogany tables have turned as we bring some good news for new construction investors and home renovators.

Lastly, we look overseas at the international housing markets that are seeing the biggest price drops and increases. We also share where we would invest abroad and whether or not we think these markets beat the good ol’ USA. Stick around for your latest housing market update on this headlines show! 


In This Episode We Cover

New zero-down mortgage loans and whether they’ll lead to risky home purchases

What you must know (and do) if you’re going to buy a home with low money down

The one home price metric you should pay attention to when flipping, rehabbing, or buying new construction

Good news for new builds and why lumber has finally returned to pre-pandemic price levels

The international housing markets seeing the biggest price drops, and whether we’d buy there or not

And So Much More!

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See Dave at BPCON2024 in Cancun!

No Money Down Loans: How Do They REALLY Work?

Zero-down mortgages are making a comeback

A key home price metric has skyrocketed since 2019

Federal Reserve rate stagnation impacts wood products markets

3 International Locations Where Housing Prices Are Plummeting Post-Pandemic


Jump to topic:

(00:00) Intro

(01:22) 0% Down Mortgages Return 

(14:13) Crucial Housing Metric JUMPS

(20:41) Lumber Prices Stabilize 

(26:51) International Home Prices Drop 


Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-225 

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

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