Zillow is offering a 1% down payment on homes to lure struggling buyers amid rocketing mortgage rates - but experts warn the scheme could trigger the next credit crunch. The online property marketplace is extending the proposal to buyers in to 'lower the barrier to entry and make the dream of owning a home a reality'. It comes as - with buyers now facing taking mortgages out which cost an extra $1,000 a month than they would have if they bought two years ago.
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