Opinion: Low Down Payment Mortgages Make It Possible To Buy A Home In A High-Rate Environment
By SETH APPLETON We have all seen the headlines. After years of homebuyers growing accustomed to a 30-year mortgage rate as low as 3%, 2023 saw fluctuations between 6% and 8%, with higher rates persisting into 2024. Last October, rates reached the highest levels in 23 years, leading many prospective homebuyers to wonder whether they are…