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Home / Columnists / Jim Woodard / WOODARD: Down payments for home purchases at three-year low (access required)

WOODARD: Down payments for home purchases at three-year low (access required)

Homebuyers are taking advantage of low down payment opportunities when purchasing a home in 2015. The average down payment has dropped to a three-year low. The average down payment for buyers financing their home with an FHA loan during the first quarter was $7,609. For those using a conventional loan, the average down was $72,590. RealtyTrac, a ...

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