Down Payments
Home Buying Myths Slayed [INFOGRAPHIC]
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 Dangers of “Tight Mortgage Credit” Headlines
The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news.