Qualified Residential Mortgages: How long does it take to save 10%?
Published: August 5, 2011
Federal regulators are proposing to mandate down payments as high as 20% on future home loans, but even a 10% down payment requirement would stifle economic recovery and lock out responsible home buyers.
How Many Years Would it Take These Workers to Save for a 10% Down Payment?
The housing market of the future can drive economic growth without shutting out responsible home buyers.