A online poll by the National Foundation for Credit Counseling found that 49 percent of respondents said they wouldn’t be able to save enough money for a down payment, while 12 percent would have no troubling coming up with a 20 percent down payment.
Twenty percent said they would need a loan that allowed for a much lower down payment, and another 18 percent said they would have to borrow the down payment money regardless of how much is required.
Read the full article.
About John Ford
