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Reply to "Is home ownership out of reach for people under 30? "
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[quote=Anonymous][quote=Anonymous]We bought our first home at 33/31 with no family money. That seemed to be around teh same time as many of our peers. I think people who do it before 30 have inheritance or parents who give them a down payment.[/quote] We bought a house at age 30 with a 85/15/5 loan, so the down payment was around $25k and we refinanced to a conventional mortgage a couple of years later. But that was 20 years ago.[/quote]
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