But for people thinking about diving in now, what’s the point?

Welcome Alana, you will find a lot of helpful people on this platform.

They do this on purpose so new people get tripped up in the process and quit.

Down payment funds may seem tricky to those who get lured in by the countless con artists on social media selling the notion 100% financing using other people's money is easy.

And proper screening prevents those people from even renting your place.

@Anthony Saheed I would advise you to be very careful to recommend people to speculate in volatile real estate markets.

We have several people living in these homes.

So thanks for contributing because you have helped more people than you know!  

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.