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First-time buyers likely to feel main impact of new mortgage rule

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Defazto | 12 Feb 2016, 10:49 AM Agree 0
This is the second time REP has posted this title (First-time buyers likely to feel main impact of new mortgage rule). I find it misleading and a bit of sensationalizing a topic. The average first time buyer does not buy a home over 500,00.00. I have had future clients worried that they now need 10% down for a $300,000 dollar home. The title should read:

Most First-time buyers purchasing homes not likely to feel main impact of new mortgage rule.
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