Conversations between homeowners and renters sometimes go like this: The homeowner will ask the renter why they waste their money on rent when their monthly payment could go toward owning a home. The renter says, “I don’t have money for the down payment.” If the renter is lucky, the homeowner…
You’ve been depositing money with a big bank since you were child. So now that you need a home loan, they’ll reward you for your loyalty, right? Ah, no.