5 ms·

If everyone had to pay 20% down, house prices would be lower.

• vibrio 10y ago
  Probably, but from an economics perspective, i'm not sure who will push that position. There seems to be plenty of Lenders willing to take a chance with someone offering a lower down payments and in turn charge them a higher rate.
  • toomuchtodo 10y ago
    Because the mortgages are backed by the US government.
    • sokoloff 10y ago
      For conforming loans, yes. For jumbo loans, no.
      • deleted 10y ago
        [deleted]