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NAR’S Latest Existing Home Sales Report [INFOGRAPHIC]




NAR's Latest Existing Home Sales Report [INFOGRAPHIC] | Keeping Current Matters

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52% Likely to Buy in the Next 5 Years!! Are You?




52% Likely to Buy in the Next 5 Years!! Are You? | Keeping Current Matters

According to the recently released BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also had other interesting revelations.

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Should I Wait to Put Down a Bigger Down Payment?




Should I Wait to Put Down a Bigger Down Payment? | Keeping Current Matters

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.

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Don’t Get Caught In The Renter’s Trap




Don't Get Caught In The Renter's Trap | Keeping Current Matters

There are many benefits to homeownership, one of the top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.

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64.2% of Millennials Put Down Less than 20%




64.2% of Millennials Put Down Less than 20% | Keeping Current Matters

Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%!

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