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Housing Market

Low-Money-Down Mortgages? It's Not the Apocalypse

Low-down-payment mortgage loans aren't the root of all economic evil. In fact, they can do a lot of good — giving people access to homeownership, for example. That's why some people in Washington are making it easier for you to buy a house with only 3 percent down.
Monthly Market Update

Prices Hold Strong as Home Sales Drop in November

With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.
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