Down Payments are Dropping as Homebuyers Muddle Through a ‘Complicated Budget Dance’

Yahoo!Finance, May 13, 2023–Serah Louis
“Mortgage applications responded positively to a drop in rates last week, as the Fed signaled a potential pause at the current level for the federal funds rate in anticipation of inflation slowing and tightening financial conditions that will slow economic and job growth,” says Joel Kan, vice president and deputy chief economist with MBA.
https://finance.yahoo.com/news/down-payments-dropping-homebuyers-muddle-150000328.html