Down payments are declining even as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said.
Source: Inman News
Down payments set shrinking course for 1st time in 2 years
Published in 30-year fixed mortgage rates, buyers markets, concessions, Data, down payment, down payments, Fernanda Kriese, FHA loans, home affordability, homebuying, inman, las vegas, Markets & Economy, Mortgage, mortgage rates, Redfin, san diego and VA loans
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