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Home Buying Myths Slayed

Home Buying Myths Slayed

April 27th, 2018 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, infographic, interest rates, Move-Up Buyers

Some Highlights:

  • The average down payment for first-time homebuyers is only 6%!
  • Despite mortgage interest rates being over 4%, rates are still below historic numbers.
  • 88% of property managers raised their rents in the last 12 months!
  • The credit score requirements for mortgage approval continue to fall.