Down Payments

June 27, 2017

2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers | Keeping Current Matters

In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.”

Myth #1: “I Need a 20% Down Payment”

Buyers ...

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April 17, 2017

Home Mortgages: Rates Up, Requirements Easing

Home Mortgages: Rates Up, Requirements Easing | Keeping Current Matters

The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased while rates have risen ...

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