Blog > Home Buying Myths Slayed [INFOGRAPHIC]
![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](https://img.chime.me/image/fs/chimeblog/wp-migration/924/20260608/16/original_a3eda2894d1549ff8bd733eb9b61ed78.jpg)
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!
- The credit score requirements for mortgage approval continue to fall.


![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](https://img.chime.me/image/fs/chimeblog/wp-migration/924/20260608/16/original_7a300101b5f54870abcbb6a263f9f297.jpg)