Some experts are advising that first tim

Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment the buyer will be responsible for. In a recent article, Freddie Mac explained what this would mean for an average house. Here are details: http://ow.ly/RtQdw

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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