Most potential homebuyers don’t understand mortgages, survey states

By Brena Swanson | HousingWire

Homeownership has been, and continues to be, part of the America dream. The problem is that no one truly understands how to get there.

Wells Fargo (WFC) and Ipsos Public’s second annual “How America Views Homeownership” survey echoes similar industry reports: American’s don’t understand housing.

Wells Fargo surveyed 2,016 adults living in the United States who were interviewed online.

According to the survey’s finding, 65% of respondents feel homeownership is a dream come true or an accomplishment to be proud of, and 72% think now is a good time to buy.

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June 17, 2015

family planning, Housing, real estate

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