Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
In both documents, see the section titled “Financing the Home Purchase.” Of note, during the height of the bubble (2005 and 2006), the average downpayment by an FTHB actually decreased to just two percent. Property & Casualty and Title Insurance Industries – 2021 Full Year Results,” Page 15.
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