Do First-Time Homebuyers Really Need a 20% Down Payment?
For many first-time homebuyers, the prospect of putting down 20% on a new home can be daunting. This article delves into the current trends and options available for those entering the housing market. It explores whether a 20% down payment is necessary, the benefits and drawbacks of paying less, and alternative financing options. Readers will learn valuable insights into the home buying process tailored for beginners.
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