Facts about first-time homebuyers
By Wayne Karl
February 12, 2015
February 12, 2015
Did you know that 84 per cent of first-time homebuyers research mortgages online – up from 77 per cent last year?Or that 42 per cent of first-time homebuyers got a mortgage pre-approval?Despite all the help available to them, only 28 per cent of first-time buyers feel the mortgage process was easy and straightforward.These and other interesting facts about first-time homebuyers:New Home & Condo Guide has lots of regular mortgage related content to help first-timers and other homebuyers, starting here and here.Related reading:Lower interest rates an opportunity to pay down debt soonerAnd the mortgage rate wars rage on... againTake advantage of low interest rates while you can – but carefully
About Wayne Karl
Wayne Karl is an award-winning writer and editor with experience in real estate and business. Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. wayne.karl@nexthome.ca