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IPFS News Link • Economy - Economics USA

43% of first-time home buyers put no money down

1-19-2006 • USA Today

As housing prices soared last year, an eye-popping 43% of first-time home buyers ominously purchased their homes with no-money-down loans. Some no-money-down buyers could owe more than their homes are worth.

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Reported By Powell Gammill

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43% of first-time home buyers put no money down

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