Reply To: Is there a middle class frum family financial crisis ?

Home Forums Decaffeinated Coffee Is there a middle class frum family financial crisis ? Reply To: Is there a middle class frum family financial crisis ?

#1946447
Sam Klein
Participant

“you need 20 percent of the price of the house for the down payment before the mortgage”

Actually FYI in today’s day and coronavirus mortgage rates you can get a mortgage for very low BUT ALSO with just putting down like 3 or 4 percent of the price of the house to buy it and put everything else on the mortgage versus how it used to always be for years of a minimum of 20 percent down payment. Yes that’s the new generation and economy were in today.