@[email protected] to US [email protected] • 2 months agoThe US is Politically to the Right of [Other] Democracieslemmy.worldimagemessage-square233fedilinkarrow-up11.42Karrow-down131
arrow-up11.39Karrow-down1imageThe US is Politically to the Right of [Other] Democracieslemmy.world@[email protected] to US [email protected] • 2 months agomessage-square233fedilink
minus-squareBombOmOmlinkfedilinkEnglish-2•edit-22 months agoClosing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment. Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
minus-square@[email protected]linkfedilink4•2 months agoYou have no idea what people’s economic situation is like, do you?
Closing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment.
Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.
You have no idea what people’s economic situation is like, do you?