Buying a Home Can Be Scary...Know the Facts
October 28th, 2016
Some Highlights:
- 36% of Americans think they need a 20% down payment to buy a home.
- 44% of Millennials who purchased a home this year have put down less than 10%.
- 8% of loan applications were approved last month.
- The average credit score of approved loans was 731 in September.
Source: Keeping Current Matters