Friday, November 13, 2015

Slaying Myths About Buying A Home




Some Highlights:
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.

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