Is 20% still the norm for a down payment on a house?

Is 20% still the norm for a down payment on a house?, updated 2/3/21, 4:11 PM

Arbor Move releases a controversial article titled "Do I Really Need a 20% Down Payment to Buy a Home?" https://www.arbormove.com/blog/2021/2/3/do-i-really-need-a-20-down-payment-to-buy-a-home

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Is 20% still the norm for a down
payment on a house?
Arbor Move has released a potentially
controversial article "Do I Really Need
a 20% Down Payment to Buy a
Home?", bringing some cause for
concern, as the article may upset folks
that are saving up to purchase their
new home.
The 3 minute article examines the
high points and low points of
Downpayments when purchasing a
home, in the pursuit of providing
insight to those who think they may
not have enough money saved for
new home buyers.
In down payment manner
though, a certain element of
the article is set to spark
discontent amongst home
buyers.
Below is a portion of the piece,
which neatly exemplifies the
controversial element: Don't let
down payment myths keep you
from hitting your
homeownership goals.
If you're hoping to buy a
home this year, let's
connect to review your
options.
" Although there has been no
backlash as of yet, the
possibility exists as the article
upset the myth that 20% down
is still a requirement.
Arbor Move has been a provider
of in depth articles in the Home
Owners and Home Buyers market
for over 7 years, and is a trusted
resource in the Ann Arbor
community and surrounding
areas.
Arbor Move has stated the
future aims for the website
are to educate and help
people find houses.
So Arbor Move hopes any
controversy will pass quickly
and re-emphasizes no
offence is or was intended.
Arbor Move's complete
article can be found at
https://www.
Contact Us At:
http://arbormove.co
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