Friday April 20th, 2018 Buying Myths, Down Payments, First Time Home Buyers, For Buyers,Infographics, 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.