Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
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