Buying A Home: Banks Requiring Bigger Down Payments

02/16/2011 08:22 am ET | Updated May 25, 2011
  • By S. MITRA KALITA wsj.com

he median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to an analysis for The Wall Street Journal by real-estate portal Zillow.com. That percentage doubled in three years and represents the highest median down payment since the data were first tracked in 1997.

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