Smaller Down Payments Lure More Buyers
Recently, more borrowers are able to pay 3 percent or even less of a home's purchase price to get a mortgage – a big change from when at least 20 percent down payments were practically the norm post-recession.
Recently, more borrowers are able to pay 3 percent or even less of a home's purchase price to get a mortgage – a big change from when at least 20 percent down payments were practically the norm post-recession.