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Low mortgage rates are easing affordability, but down payments are further from reach

October 29, 2020
The FINANCIAL — Monthly mortgage payments are becoming increasingly affordable for U.S. homeowners as mortgage rates have hit record lows, a new Zillow® analysis shows. But that masks the difficulties would-be buyers face in getting into homes in the first place after extraordinary price growth has pushed prices further above incomes than they’ve been in at least the past several years.  Homeowner

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