Many potential first-time home buyers believe that they have to have a “perfect” credit score & 15 – 20% for a down payment. Arming yourself with information about what’s really going on in the housing market will ensure you become the “King or Queen of Your Castle.”
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!