Buying a Home Can Be Scary

Posted

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%.
71% of loan applications were approved last month
The average credit score of approved loans was 723 in September (the lowest recorded score since Ellie Mae began tracking in August 2011).

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