In this episode of PennyWise, host Nat Cardona welcomes NerdWallet's senior writer, Holden Lewis, to debunk the common myth surrounding down payments for home buying.
Many potential homeowners believe that a hefty 20% down payment is a necessity, but Holden clarifies that this isn't the case. The discussion addresses the financial pressures faced by first-time homebuyers, including interest rates and living costs, which can make homeownership seem unattainable.
