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Tue, 30 Apr 2013, 1:27am PDT
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I do think higher down payments, lower interest rates, and better under writing have provided a stronger housing market.
Now if they could only do it with normal inventory levels, we might have something.
Tue, 30 Apr 2013, 1:40am PDT
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Downpayments are for serfs ..(you know.... people who aren't "Friends Of Ben").
"Friends Of Ben" get free money, and they pay cash...... for all their homes.
Wed, 1 May 2013, 9:05am PDT
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The downpayment is the last defence. But if tax payer's money is not involved, who cares about the downpayment? The bank can give the money away with 0 downpayment if they want to take the risk.
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