Quote:
Originally Posted by Table 5
I agree with his bold statement. If all you can scrap together is 5%, chances are you're not in a position to make the biggest purchase of your life. Part of showing you're financially sound is saving up for that down payment. It's not easy, and it takes time, but I don't think 10% is unreasonable.
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I disagree.
With mortgages at all time lows, and 5 year fixed rates of 2.99% all over the place, why not borrow every nickel you can, and invest instead.