Mortgage Lenders Reportedly Accepting Lower Down Payments

The average down payment for 30-year fixed rate mortgages dropped to 15.73 percent of the home's value in the third quarter this year, down 2.74 percent from the second quarter, according to a report from LendingTree. A news release about report, which detailed the average down payment percentages by state, highlighted the relationship between down [...]

2016-10-21T00:14:55+00:0011:51 pm|Mortgage, Uncategorized|