Buying a home is likely the biggest purchase you’ll make in your lifetime. There’s a reason why people joke they feel “house poor” when they leave the closing table. Too often the burden of the down payment leaves homebuyers’ cash reserves empty.
And, new data shows that can be a recipe for financial stress. keep reading
Homebuyer surveys report a big gap between perception and reality when it comes to down payments. And considering that saving for a down payment the number one challenge for new buyers, it’s probably time to brush up on your facts. keep reading