Property price is still relative low
Mortgage rate is 20-year record low
Through a mortgage insurance program, you can put as low as 5% down payment
if you are a first-time home buyer
You may pay $1,200 a month to rent a 2-bedroom apartment. But you can also
pay the same money for a townhouse of $150,000 with 5% down. The difference
is: you are building up your equity in the latter case.
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