KFOR.com Oklahoma City

Money Monday: Tips for first-time home buyers

OKLAHOMA CITY (KFOR) — Getting a mortgage can be complex, especially for a first-time home buyer.

What type of down payment do you need? What benefits are available to first-time home buyers, as well as veterans. And how much longer before interest rates rise again?

James Boggs, Executive Vice President at First National Bank & Trust, breaks it down for us.