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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New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford

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