Hispanic and First-Time Homebuyers Could Boost Housing Market: TD Bank

Peters, Andy
July 2015
Nationalmortgagenews.com;7/15/2015, p9
The article discusses findings of a TD Bank survey indicating higher home sales among Hispanics and first-time homebuyers. Topics covered include 66% of first-time homebuyers saying they are willing to pay the 20% downpayment as to the home purchase price while 66% of Hispanics are finding it hard to save for a huge downpayment amount. Also mentioned are difficulties of first-time buyers in saving large amounts for downpayment such as young adults who are still paying their student loan debts.


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