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March 26, 2007
The Lender's Loan Decision
How lending has changed
in Silicon Valley with its rising housing prices.
in Silicon Valley with its rising housing prices.
Also, "back in the day," the minimum down payment was 10 percent, with most people putting 20 percent down. With today's higher housing prices, 20 percent represents a huge chunk of cash, and zero-down, 100 percent loans are not uncommon.
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Posted on March 26, 2007 07:44 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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