So, you think you need a 20% down payment to buy a home in 2019? Not true. Not true. Not true. The biggest roadblock renters face when deciding to buy a home is saving for the down payment. Which is a challenge with rising rent prices eating into the savings plan each month. Along with the challenge of rising rent prices, surveys show that non-homeowners believe they need 20% or more for a down payment. Double whammy! According to the “Barriers to Accessing Homeownership” study commissioned in partnership between the Urban Institute, Down Payment Resource, and … Continue reading...