With millions of Americans facing financial burdens like student loans and high rents, saving up to make the traditional 20% down payment on a first home can be daunting. There’s good news for prospective home owners: You don’t need to do it.
Forty-six percent of millennials and 40% of Americans overall cited affording a down payment as their greatest financial barrier to home ownership, a recent COUNTRY Financial group survey found.
Click here to read the full story.