LendingTree finds California down payments among least affordable

LendingTree recently released its down payment report November 18, which found the average down payment amount rose quarter-over-quarter to $48,924. The online loan marketplace found average down payment percentages for conventional 30-year fixed-rate mortgages rose to an average 17.63 percent in quarter three from 17.34 percent in the previous quarter and 16.29 percent from the third quarter of 2014.