20 Percent Down For Home Purchase The New Standard, Again?
Buying a HomeThe housing market may be getting a little tighter in a couple of months. The bureaucrats working on enacting some of the provisions of the Dodd-Frank reforms have interpreted the loosely written laws to require homes that qualify for the best interest rates to have a minimum of a 20 percent down payment. That sound you just heard is agents across the country gulping in panic. The homes that have a 20 percent down payment will get the best interest rates, those buyers that do not have 20 percent to […]