The housing market has gotten so unaffordable that Zillow is now offering prospective homebuyers a 1% down payment option

Tech Insider : Economy
Real estate agents leave a home for sale during a broker open house on April 16, 2019 in San Francisco, California.
Real estate agents leave a home for sale during a broker open house on April 16, 2019, in San Francisco, California.

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Americans now need to spend 43% of their income to afford a home as mortgage rates surge to a 23-year high

Tech Insider : Economy, Economy
A new housing development in Waldorf, Maryland.
A new housing development in Waldorf, Maryland.

Benjamin Tankersley/Getty Images

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