Monday, October 29, 2018

Average American putting less money down when buying a home

Average American putting less money down when buying a home: The average down payment on a U.S. home decreased nearly 10% in the third quarter of 2018, according the latest data collected from LendingTree. Furthermore, the average loan amount offered to potential homebuyers dropped about $28,000.

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Closing Costs Unpacked: State-by-State Breakdowns for Today’s Buyers

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