Category: First Time Home Buyers

69{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} of Buyers are Wrong About Down Payment Needs

According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} down payment is necessary to buy in today’s market. Nearly 40{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7}…