![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](https://static.wixstatic.com/media/a1954d_c605a715b56b4bbdad230a5c6dccee22~mv2.jpg/v1/fill/w_750,h_410,al_c,q_80,enc_auto/a1954d_c605a715b56b4bbdad230a5c6dccee22~mv2.jpg)
![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](https://static.wixstatic.com/media/a1954d_bc854b30ff654274a88f9f0f0c8814d3~mv2.jpg/v1/fill/w_980,h_1384,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/a1954d_bc854b30ff654274a88f9f0f0c8814d3~mv2.jpg)
Some Highlights:
The average down payment for first-time homebuyers is only 6%!
Despite mortgage interest rates being over 4%, rates are still below historic numbers.
88% of property managers raised their rents in the last 12 months!
The credit score requirements for mortgage approval continue to fall.
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