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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: redfrecknj2/10/2007 10:30:17 AM
   of 110194
 
"From mid-2005 to mid-2006, according to a statistical sampling of a representative group of 7,548 purchasers, nearly half of all first-time buyers financed the entire transaction, obtaining mortgages in the full amount of the home price. About 30 percent put down 10 percent or less, and 20 percent put down 5 percent or less."

baltimoresun.com
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