The 20% Mortgage Down Payment Is Dead

For first-time home buyers, the challenge of coming up with a 20% mortgage down payment is often difficult enough to keep them out of the market. But the fact is, the 20% down payment is all but dead — and has been for quite some time, especially for first-time buyers. Most buyers make down payments...

from NerdWallet
https://www.nerdwallet.com/blog/mortgages/20-percent-mortgage-down-payment-dead/