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The current issue of Blanco County News is available to read with an online subscription. Keep up-to-date with news.
The Myth of the Mortgage Down Payment

Did you know that the median down payment for first-time buyers has been 6 percent for three straight years?  If you answered no to this question, you are likely not alone. aAccording to the National Association of REALTORS® Aspiring Home Buyer Profile, 87 percent of non-homeowners indicated that a mortgage down payment of 10 percent or more is necessary.  The Aspiring Home Buyer Profile also finds that eight out of 10 non-owners indicated that owning a home is part of their A ...

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