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Realtor.com®: Down Payments Hit Lowest Q2 Level Since 2021
Source: PR Newswire
Housing & Real EstateInterest Rates & YieldsConsumer Demand & Retail
Typical homebuyer down payments fell to $27,100 this spring, the lowest level cited in the report, despite increasing from winter levels. Higher mortgage rates have pushed monthly home payments up 74% over the past five years, underscoring continuing affordability pressure on prospective buyers.
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