Nov. 13, 2020 "Lockdown Converted Many Americans Into Serious Savers. Now They Have Houses to Show for It"
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by Aly J. Yale Saving enough for a down payment has long been a hurdle for hopeful homebuyers. Even at the low end — just 3% of a home’s sale price — buyers are looking at nearly $10,000 on a median-priced house. To put down 20% — and avoid the costs of private mortgage insurance — buyers would need $65,000.
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