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Freddie Mac occasionally looks at the best way to they did so, especially first-timers and where homebuyers are managing to get their payments that are down. As the focus of an Insights report, the company says it continues to discover that part of the struggle faced by people intending to purchase is their perception of just how much money they really require this week. A recent poll of people planning a purchase found that nearly a third notion that a 20 percent down payment was required. Over 30 percent of 25 percent of present homeowners and tenants did not understand had been demanded if it were 20 percent but 70 percent said and 30 percent suggested the amount would prevent them from buying. Many also assumed the down money…(read more)

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