
The tighter FHA credit might be pushing more potential buyers to conventional (20%) loans. Also, the shear number of new mortgages have decreased and that could have changed the mixed. Homebuyers put more money down Posted by Megan Hopkins on November 14, 2012 11:01 AM A recent survey from the National Association of Realtors recent survey shows that with a recovering housing market and more borrowers choosing higher down payment conventional loans versus FHA loans, home buyers are now investing more into their new homes. Of the surveyed homebuyers, 87% used a mortgage for the purchase. Typically 91% of the home was financed, requiring a 9% down payment. These numbers suggest that the real estate market is showing signs of [Read More...]














