Slaying Myths About Buying A Home: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall. The 723 average score is the lowest since Ellie Mae began reporting on scores in August 2011. The average first-time home buyer down payment was 6% in 2015 according to NAR.
Originally posted on Armonk Living:
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