The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!
Higher Down Payments
With the poor state of the economy and housing market, banks are starting to require money down for mortgages. Wells Fargo is asking for 25% in struggling markets and Bank of America and Wachovia are quickly following suit. PBS reports on the price people must pay if they want to secure a mortgage these days.