The Dangers of “Tight Mortgage Credit” Headlines - "Did you know that the average down payment among first–time homebuyers is 6% and it's 13–14% for repeat buyers…It's possible to put down even less." Of course, we all trust the news media - NOT. So it is important to spread the news about the real options and if you or someone you know is thinking about buying, have no fear. Work with professionals and give it a try. You will have a monthly note to pay of course - but the alternative is a rent payment which typically goes up and at the end of 30 years provides you with a stack of receipts - and the rent due again next month. Read today's report
