Newspaper article from our research archive:

Despite the mortgage rates, home-buying still is impossible for many. (Originated from Knight-Ridder Newspapers)

With mortgage-interest rates at their lowest level in more than two decades, why aren't more people able to buy houses? 
Two new studies give the not-so-surprising answer: Would-be buyers, especially those who want to buy for the first time, often lack the money to pay down payments and closing costs. 
Despite the low interest rates and relatively stable housing prices in the current housing market, home-buying still is impossible for many, including some with steady jobs. 
And unless legislators or lenders come up with solutions to the up-front-money problem, many would-be buyers will remain locked out of the housing market, the experts contend. 
The money needed ...

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