Buyers Are Making the Largest Down Payments in These High-Cost Cites

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Buyers Are Making the Largest Down Payments in These High-Cost Cites

With housing inventory at historic lows and mortgage rates at a 20-year high, buyers are digging deep into their savings to make larger down payments in some costly metros. In order to beat out the competition, prospective buyers are offering up down payments that are more than 14% of the purchase price for single-family homes…
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