Skip to main content

Search form

Qualified Residential Mortgages: How long does it take to save 10%?

August 5, 2011
Mortgage Lending
Research

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?

Graph: Years to save for 10% down payment by 10 common occupations (PDF)
Graph: Years to save for 10% down payment by race and ethnicity (PDF)

The housing market of the future can drive economic growth without shutting out responsible home buyers.