Foreclosed conclusion.

• Author: Peters, Charles
• Position: TILTING at windmills - Brief article

In another clue to the shaky nature of our current prosperity, consider that the typical down payment on a home, according to Kenneth Harney of the Washington Post, traditionally has been 20 percent or more. But now, according to a survey from the National Association of Realtors, from mid-2005 to mid-2006 "nearly half of all first-time buyers financed the entire transaction, obtaining mortgages in the full amount of the home price." And the median down payment for all...