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Loan Modification

: The Truth About Mortgage.com

Median Mortgage Down Payment Increased to 22 Percent Last Year

By scot184

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The median down payment on conventional mortgages in nine major U.S. cities increased to 22 percent last year, according to an analysis performed for the Wall Street Journal by Zillow. It’s the highest median down payment since the data was first tracked back in 1997, before the latest housing boom and subsequent bust. The median [...]

Full post as published by The Truth About Mortgage.com on February 16, 2011 (boomark / email).

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