Two Myths About Mortgages That May Be Holding Back Buyers

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home and these two myths may be holding buyers back. Myth #1: “I Need a 20% Down Payment” The first of two myths is Fannie Mae’s survey revealed that consumers overestimate […]