Tag Archives: Home Sales

Another Top-10 List — States with the Highest and Lowest Residential Loan Down Payments

Absent from the housing recovery, at least until now, has been first-time homebuyers. Increased Credit Scrutiny, Dodd-Frank, Qualified Mortgages, Job Losses, Slow Economic Recovery and Student Loans have taken their toll. Key to limiting first-time homebuyers, however, has been the increased down payment since 2007 which has barred many prospective homeowners and relegated them to …Read more