Down Payments are Shrinking, Can Buyers Still Compete?

However, this seems to be shifting as homebuyers are now able to put down less and still compete in the housing market. This is due to a combination of high home prices and higher mortgage interest rates, which have resulted in an overall decline in the size of down payments. With rates rising and inflation on the horizon, buyers are looking for ways to win heated bidding wars without having to rely on extra cash.

Category: Home Upgrade Options