Tag: conventional mortgages

  • The Rise and Rise of Down Payments

    The Rise and Rise of Down Payments

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    by

    Deeds.com
    in ,

    A down payment is the portion of a home’s purchase price the mortgage borrower pays upfront. You knew that. But did you know the median down payment for U.S. homebuyers is now more than $55K+? That’s remarkable. It was less than $45K just last year. Buyers often try to put 20% of the purchase price down.…