​Homebuyer’s Down Payment Hits ‘Record High,’ Surging Nearly 15 Percent In A Year – Tyler Durden

Homebuyer’s Down Payment Hits ‘Record High,’ Surging Nearly 15 Percent In A Year Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The median down payment for buying a home in the United States has jumped to an all-time high, driven by factors like high home prices and mortgage rates, according to a report by real estate brokerage Redfin. Homes for sale sign in Maryland on Nov. 12, 2023. Madalina Vasiliu/The Epoch Times “The typical down payment for U.S. homebuyers hit a record high of $67,500 in June, up 14.8 percent from $58,788 a year earlier,” according to an Aug.…  — Continue at ZeroHedge News : Read More