2 Myths Holding Back Home Buyers 2 Myths Holding Back Home Buyers – keeping current matters – Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,

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Three Things You Avoid With a Cash Buyer – Property Vortex Market locks in historic rate cut The rate cut rally has helped drive the S&P 500 up 8.7% since May. The market appears to be in a "bad news is good news" mode. This creates heightened risks, especially since EPS growth forecasts.Underestimating the full costs of buying a home. Many homebuyers fail to budget for the full costs associated with buying a house. Firstly there’s the acquisition costs. Things like stamp duties, rates, valuation costs, loan application fees and mortgage insurance. Apart from budgeting for moving costs,

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