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Article: Nearly One in Five Recent Homebuyers Purchased a Home That Exceeded Their Price Range, According to a New Wall Street Journal Online/Harris Interactive Personal Finance Poll.
- Article from:
- PR Newswire
- Article date:
- September 16, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Approximately one-third of recent homebuyers who obtained a mortgage through a broker, direct lender or another source have creative or option mortgages
ROCHESTER, N.Y., Sept. 16 /PRNewswire/ -- A new Wall Street Journal Online/Harris Interactive Personal Finance Poll finds that nearly one in five (19%) U.S. adults who purchased a home within the last three years for their primary residence say they spent above their suggested price range, while two- thirds (67%) stayed within their price range and 12% were below their price range. When obtaining a mortgage for their new home, recent homebuyers who used a mortgage broker, direct lender or another source were ...