Median Home Down Payments Rose to 22% in US

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Wow – I’d have guessed at least 10% lower if you’d asked me. Today’s Wall Street Journal reports (hat tip Dave Rosenberg): The median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to an analysis for The Wall Street Journal by real-estate portal Zillow.com. […]

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