REAL TipS: BUYING
Put something down
While it’s possible to secure a mortgage with as little as a 3% downpayment – or even $0 in some cases – you will often get a better interest rate if you put some money down. Also, for every $1,000 you put toward a downpayment, your monthly mortgage amount will drop by approximately $8. While it doesn’t seem like a lot, that monthly savings can add up quickly.
Texas Association of Realtors®
|
