Current Homeowners Increasingly Using Cash When

Buying a New Home, Latest HousingPulse Survey Finds

 

WASHINGTON, DC (February 27) – Current homeowners looking to downsize, upsize or relocate are increasingly using 100% cash to purchase a home, according to the latest results of the monthly Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

 

Despite near record low mortgage rates, homebuyers are finding it very advantageous in the current housing market to shop with cash. And low returns on money deposited in banks as well as mortgage approval hassles also are pushing homebuyers to consider all cash transactions.

 

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Cam Girl income report

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