I have a comment. We’re in the Bay Area. Our landlord is a Realtor, and she’s married to one of Silicon Valley’s biggest Realtors. Their company also has a mortgage brokerage office.
They told us that now only two or three lenders will do even 15% down. All others are requiring MORE down payment, and nobody is allowing 10% down payment.
And yes this is for people like us with perfect credit scores. This was a clue to us how much credit markets have tightened up.
