Home Buying Myths Slayed [INFOGRAPHIC] access_timeAugust 3, 2018(Updated: Mar 29, 2021)personLes SulgrovehomeBlog Home Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!