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"Before deciding if owning a home is right for you take time to understand your down payment options and separate myths from facts," said Freddie Mac Vice President Danny Gardner. For example, the average down payment among first-time homebuyers in 2016 was just 6 percent and, for repeat buyers, just 14 percent.
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2 Myths Holding Back Home Buyers June 11, 2019 Down Payments , First Time Home Buyers , For Buyers , For Sellers , Housing Market Updates , Move-Up Buyers , Real Estate
2 Myths Holding Back Home Buyers. Presented as a public service by Joe Peters of Coldwell Banker. Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
(StatePoint) As a result of the recent housing crisis, many potential homebuyers, especially first-timers, are hesitant to enter the market. But if you’re holding back, evaluate why. Experts say your reasons may be based on myth. "Buying a home is more affordable than ever for families with stable i
2 Myths Holding Back Home buyers freddie mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
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2 Myths Holding Back Home Buyers. Posted on June 10, 2019 – 11:23 AM by DENNIS LONDON .. Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.
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Urban Institute recently released a report entitled, "Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability," which revealed that, "Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership.
2 Myths Holding Back Home Buyers Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.