Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S
The Ticker

Prospective buyers not knowledgeable about buying a home

/ Print / Reprints /
| Share More
/ Text Size+

Zillow revealed that one-third (34% to be exact) of first-time homebuyers are not aware that it is possible to get a home loan with a downpayment of less than 5%. In fact, the number of lenders on Zillow Mortgage Marketplace quoting loan requests with a down payment between 3.5 and 5% has risen by 570% over the past two years, Zillow writes on its blog.

To see what else prospective buyers do not know about homebuying, see Zillow's (Z) blog post.

Source: Zillow
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus