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Loan Modification

: The Truth About Mortgage.com

Record Share of Cash Homebuyers Last Month

By scot184

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Who needs a mortgage anyways? A record 33.7 percent of home purchases in February were paid for in cash, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. The group noted that the increase in cash purchases paralleled a rise in investor activity, with nearly a quarter (23.5%) of home purchases bought by investors [...]

Full post as published by The Truth About Mortgage.com on March 21, 2011 (boomark / email).

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