![Buying A Home Can Be SCARY... Until You Know The FACTS! [INFOGRAPHIC] | Simplifying The Market](http://www.simplifyingthemarket.com/wp-content/uploads/2015/10/Mythbusters-STM.jpg?a=45666-0d37ac56aac309d1040ffcaa22fb0e9f)
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)
How many of these scary myths did you beliieve?
No comments:
Post a Comment