How one lender is innovating to make affordable housing more accessible
Housing Wire
JANUARY 8, 2024
To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. If buyers try to time their home purchase to the return of record-low rates and the historically low rates don’t return, their wait could prove costly. Since 2000, the average home appreciation rate has been 4.7%, according to the FHFA.
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