According to housingwire.com over 50% prospective first time home buyers’ main reason for not buying a home is due to down payment. In addition, over 40% of those folks are under the impression 20% down payment is required. Did you know you could put as little as 5%, 3%, or even $0 down payment? You can even avoid paying private mortgage insurance with less than 20% down. As market trends are showing us, interest rates are expected to rise in 2018 and could be near or at 5% by year’s end. Take advantage of all your options now, as the money will only continue to get more expensive.