Myth #3 of 30 Closing costs confuse almost everyone. A Wells Fargo survey in 2026 found that nearly 90% of people planning to buy their first home didn't really understand them, even though most said they felt like they did. So if this part worries you, you're not alone. The worry usually sounds lik

Myth #2 of 30 Most renters have a number in their head for how much money you need to make to buy a house. That number is usually too high. In a 2026 survey of renters, the typical guess was $88,000 a year. That was about 40% more than most of those renters actually made, so many of them had already

Myth #1 of 30 A lot of people think you have to put 20% down to buy a house. If that's you, you're in good company. About a third of people who want to buy believe it, according to a Bankrate survey from 2025. And in a Fannie Mae study, only about 1 in 4 people knew you could buy with a lot less. Yo