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· 2 Myths Holding Back Home Buyers. Presented as a public service by Joe Peters of Coldwell Banker. Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
2 Myths Holding Back Home Buyers! By The KCM Crew Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their
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Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,
· Home Uncategorized 2 Myths Holding Back Home Buyers. Uncategorized. 2 Myths Holding Back Home Buyers. By Gabe Fitzhugh June 10, 2019 June 10, 2019. Freddie Mac recently released a report entitled, Buyers often overestimate the funds needed to qualify for a home loan. According to the same report:
But if you’re holding back, evaluate why. Experts say your reasons may be based on myth. “Buying a home is more affordable than ever for families with stable incomes and good credit,” says Christina.
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Meanwhile, the Central Bank of Kenya’s (CBK) Bank Supervision Annual Report 2016 indicates that there was a drop in the uptake of home loans despite increased. stable at 5.6 per cent compared to.
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