Are You Ready to Buy a Home? Wells Fargo Finds Most Prospective First-Time Buyers Aren't and Don't Know It

SAN FRANCISCO--(BUSINESS WIRE)--For many Americans, buying a home is the largest financial commitment they will ever make. But with the annual homebuying season kicking into full gear, a new Wells Fargo quiz reveals a troubling knowledge gap: most would-be buyers don't understand some basic facts about purchasing a home. Developed by Wells Fargo and conducted nationwide by Ipsos, the Ipsos survey tested more than 2,000 aspiring first-time homebuyers on fundamental mortgage topics including budg.