CNBC.com: Making Your Way Through the Mortgage Market March 23,2009

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

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...

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