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0% Down Payment Era Has Come to an End

0% Down Payment Era Has Come to an End

Posted by on March 23, 2011 · 0 Comment

The facility of zero percent down payments for homes virtually does not exist anymore. In the nine major cities of U.S, the banks have increased the rate of down payment by 22%. This has declined the interest of people to acquire home loan. This has also posed a big risk to the home owners who would like to sell their home, because of less number of buyers.

Filed in: Loans
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