Word: prob
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Dates: during 2000-2009
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...MONEY? NO PROB Scraping together the traditional 20% down payment is the biggest hurdle to homeownership, especially with home prices up an average of 54% over the past five years. That may explain why a recent survey by the National Association of Realtors found that a startling 43% of first timers signed up for no-money-down mortgages. But financing 100% of your home exacts some extra costs, like private mortgage insurance, which most lenders require for a down payment of less than 20%. On top of a larger than average down payment, you may also be saddled with...
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