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Tuesday, September 27, 2022

First-time homebuyer? Follow these steps

Are you thinking about buying your first home? If so, consider taking these steps:

First, save for as big a down payment as you can afford, but aim for 20%. A larger down payment can help you avoid paying mortgage insurance. And as a first-time homebuyer, you might qualify for down payment assistance provided by a housing authority or nonprofit organization.

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