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.

No comments:

Post a Comment

NAR Pending Home Sales Report Shows 3.3% Increase in November

NAR Pending Home Sales Report Shows 3.3% Increase in November : Homebuyer momentum is building, with month-over-month and year-over-year pen...