financing: Four Ways to Save for a Down Payment
- 05/03/15 11:26 PM
For the past month, the real estate market has been in one of its best conditions in recent memory for first-time home buyers, with low mortgage rates becoming the norm and the FHA announcing that it will lower its annual premiums to bring more buyers into the market. If you're one of those buyers who is thinking about taking the plunge and moving from renting to home ownership, you're probably the most concerned about one number: the down payment. An FHA loan can give you one of the lowest down payments on the market, but you'll still need to save a (1 comments)