Buyers try to put 20% down on their mortgage so they can avoid PMI - Private Mortgage Insurance. Sometimes it is hard to do because as interest rates start to rise, buyers are eager to buy now rather than wait to save more money. Rents are increasing so that slows down amount some buyers can save ... » Learn More about What to do When You have Just Under 20% Down Payment for Your Mortgage
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How to Buy in a Seller’s Market With a Small Down Payment
A Seller's Market In a seller's market, houses tend to sell quickly. If the house is in good condition, priced well, and in a desirable location, there is a good chance the house will receive multiple offers within the first few days it is on the market. When you are in a multiple offer situation, ... » Learn More about How to Buy in a Seller’s Market With a Small Down Payment
