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Bloomberg View Column: Want a House? Good Luck With the Down Payment

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Read my latest Bloomberg View column Want a House? Good Luck With the Down Payment [2]. This post also went #1 on the Bloomberg Terminal and on the public facing BloombergView.com site for 2 days. Super crazy.

down payment chart [3]

Here’s an excerpt…

Saving for a down payment has long been a big challenge for anyone who wants to buy a home. And it got harder after the financial crisis, as lenders insisted on down payments of 20 percent or more for conventional mortgages, which make up the bulk of the market…

[read more [2]]


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