Well, it is getting close to time for the governments plan to partner with 1st time buyers to kick off. It is great for first time buyers as they will loan a portion of a down payment that doesn’t need to be payed back for several years. Make sure you plan ahead though so you aren’t caught with new payments coming out you can’t afford! If you have more questions give me call and I would be happy to help. I have some great connections to mortgage brokers that can answer all those questions you have been wondering about. Why rent and pay down someone else’s mortgage when you can pay down your own? Here is a link below that answer some common questions.