California’s Home Financing Trends

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California's Home Financing Trends

California’s Home Financing Trends

California’s Home Financing Trends

In 2013, the majority of California home buyers obtained 30-year fixed-rate loans.

91% buyers who had no problems with their appraisal

85% buyers who obtained a 30-year loan

83% buyers who obtained a fixed-rate loan

The Average down payment was 25%