Home down payments: 7 myths debunked

Selena Maranjian •
The Motley Fool

The National Association of Realtors just released a snapshot of home purchases in 2017, and it offers some interesting details: For example, the median home purchase price was $235,000, and 88% of buyers used a mortgage to secure their home. Some of its down payment findings may surprise you, though, as they go against common myths.