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More Buyers Putting Less Down

August 28, 2017

A 20% down payment is no longer the norm. In the past year, 1.5 million borrowers purchased their homes with down payments of less than 10%, according to Black Knight Financial Services. That marks a seven-year high. A growing number of home shoppers are financing more than 90% of their home purchase. “The increase is […]

Filed Under: At A Glance, Government Affairs, Industry News, Pro Tips Tagged With: Ben Graboske, Black Knight Data & Analytics, CNBC, cvar.net, down payment, financing, homebuyer, loan, low down, purchase lending

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