Tag Archives: Cash

“Today’s affluent homebuyers are motivated to pay in cash because the surge in mortgage rates makes them want to avoid loans—and the high monthly interest payments that come with them—altogether,” said Redfin Economics Research Lead Chen Zhao.

A recent analysis of Census Bureau data showed that borrowers’ reliance on non-conventional loans varied across the U.S. Click through to learn where these loans were most popular and how borrowers viewed them.

Cash-out refinancing is being increasingly used by borrowers and homeowners looking to renovate their homes, consolidate debt, make a purchase, or even as a down payment for a ...

While it might be the industry gold standard, the “typical” 20 percent down payment doesn’t exactly glitter with the majority of first-time millennial mortgage getters. When queried about ...