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Home Buying in Winthrop : Real Estate Advice

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Thu Feb 9, 2012
Tim McClary answered:
3% to 5% down is an average down payment. There are programs out there that allow you to pay less. The bank might have said you need 20% down to avoid paying private mortgage insurance, or PMI. If you can put down that 20%, you can save on your monthly payments. ... more
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