ShareTweet Thanks to record low mortgage rates and home prices that have fallen roughly one-third on a national level from the real estate bubble’s peak, buying a home is now more affordable than it has been in decades. (NOTE: This takes into consideration the price of the house/mortgage only, not other costs such as HOA […]
20% Down Payments for Homes Is (Hopefully) Making a Comeback
ShareTweet For many years leading up to the real estate bubble, it was almost unheard of to purchase a home without at least a 20% down payment. This was the bank’s way of making sure you had adequate skin in the game and started off with enough equity that, if you ran into payment problems, […]