22
Jul 2015
Should You Borrow For Your Down Payment?
About First Time Buyers With No Comment
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Saving for a down payment feels like it can take a lifetime. House prices have climbed to over $450,000 on average, meaning a buyer making a standard 20% down payment will need to save $90,000 to enter the market. Even the minimum down payment of 5% works out to a daunting $22,500, not including mortgage […]