March 5th, 2006
48.2% of homes sold in 2005 were bought with no money down
According to SMR Research, more than 70% of all homebuyers borrowed over 80% of the purchase price in 2004. 33% of homebuyers took adjustable rate or interest-only mortgages. In 2005 48.2% bought homes with no money down.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
Subscribe to IT Facts via Email alerts or RSS.
