Just Over 60 Percent of Buyers with a Mortgage Made Down Payments Less Than 11 Percent | South Salem NY Real Estate

According to information in the latest Realtors® Confidence Index, a total of 32 percent of residential home purchasers were reported as making an initial down payment of 20 percent or more in February 2012 among those obtaining a mortgage. Approximately 64 percent of purchasers obtaining mortgages were reported as making down payments less than 11 percent.

This post was last modified on April 23, 2012 2:22 am

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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