Want To Buy A House But That Down Is Hurting There Are A Lot Of Options For Low Down Payments

Want To Buy A House But That Down Is Hurting There Are A Lot Of Options For Low Down Payments

Is the American dream of owning a house slipping away from the first time buyer? You are seeing more and more of the 25-30 year age group living at home let alone qualifying for a home loan. It doesn't get much better for the 30-40 year old group who have been the majority of first time home buyers for decades. Personally I think it is probably cheaper for mom and dad to help with the down then keep them at home (:0)

There are now many more options to getting a low down loan and coupled with the low interest rates fist time buyers should try to get into owning a home vs. renting or better yet staying with the folks. Sellers market yes, will you pay a bit of a premium for a house today yes BUT!!!!!! The money you save on an interest rate of 4 1/4 % vs 5 1/4 % is huge and far out weighs the premium you pay in today's housing market.

Enjoy the article!.  
http://goo.gl/ISS7sL


Robert Schmalz Headshot
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Phone: 310-505-5571
Dated: August 6th 2014
Views: 305
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