The 20% Mortgage Down Payment Is Dead

Atlanta Journal-Constitution, June 28, 2017–Hal M. Bundrick (NerdWallet)
For first-time home buyers, the challenge of coming up with a 20% mortgage down payment is often difficult enough to keep them out of the market. But the fact is, the 20% down payment is all but dead – and has been for quite some time, especially for first-time buyers.