Home Price Appreciation Forecast Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years.
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:
72% of buyers who purchased homes this year have put down less than 20%.
76.4% of loan applications were approved last month.
The average credit score of approved loans was 727 in September.