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October 28th, 2016

Buying a Home Can Be Scary...Know the Facts

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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