March 23, 2009
Making Your Way Through the Mortgage Market
CNBC.com, March 23, 2009
By Sara Clemence
... More Money Down; Needless to say, the days of no down payments are behind us. Lenders have returned to the "gold standard" of requiring 20 percent down for non-FHA loans, says Dr. Richard Green, director of USC's Lusk Center for Real Estate. But at times they are even demanding more. "We are seeing some lenders asking for 25 percent down," he says...
(Editor's note: The following link to the source article may only be available for a few days following the publication of this article, or it may only be available for a fee. Please contact the source publication for more information about retrieving the full text of this article.)