HLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
