# First-time buyers have ‘no low-rate mortgage to surrender’—and with rates back above 7%, one-quarter are leaning on family for the down payment

- Source: Fortune | FORTUNE
- Published: 2026-11-06T07:58:00+00:00
- Category: Local
- Original: https://fortune.com/2026/11/06/first-time-homebuyers-mortgage-rates-7-percent-down-payment-family-help/
- Canonical: https://groundlevelnews.com/story/first-time-buyers-have-no-low-rate-mortgage-to-surrender-and-with-rate-7283c6/

For first-time buyers, saving for a down payment can take years, and a record share are now relying on inheritances.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune | FORTUNE._