The average down payment on a house is less than 20 percent. In fact, the median for younger home buyers is just 8-10% down.
https://themortgagereports.com/60543/average-down-payment-on-a-house-and-low-down-payment-benefits
PennyMac touts broker channel gains as earnings rebound
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in...
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