2 Myths Holding Back Home Buyers

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2 Myths Holding Back Home Buyers Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.

2 Myths Holding Back Homebuyers  · 2 Myths Holding Back home buyers. june 10, 2019 June 10, 2019 by century21moline . For many prospective home buyers, saving for a large down payment is the biggest barrier to achieve the goal of home ownership. Part of the challenge for those planning to purchase a home is the perception that they need to save for a substantial amount.

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To debunk this myth, let’s take a look at Ellie Mae’s latest origination insight report, which focuses on recently closed (approved) loans.As indicated in the chart above, 52.4% of approved mortgages had a credit score of 600-749.. Bottomx Line. Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier.

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Existing-home sales decreased 3.2 percent to a seasonally adjusted annual rate. and the slowest pace since september 2017 (5.37 million) Low inventory is holding the market back once again The.

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 · Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save for the down.

by Keeping Current MattersFreddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that,"For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save.

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