By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Even with mortgage rates hovering near all-time lows, rising home prices are putting more pressure on buyers to come up with a bigger down payment. In the April-June quarter, the median down payment on a single-family U.S. home was $13,955, a 15.3% increase from a year earlier, according to industry tracker Attom Data Solutions. In the first three months of 2020, it vaulted 29% from the same period in 2019. The trend follows a steady climb in U.S. home prices this year. As of August, they were up 5.2% from […]
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