Quote:
Originally Posted by MrCallahan
I could see this affecting the homes in the $500-600k range, might push owners to sell it just under the $500k range to reach a wider range of buyers.
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I thought that at first, then realized for a $600k house this now raises the minimum down payment from $30K to $35K. It would be different if it was all 10%, and you'd go from $30K to $60K.