Tight Mortgage Standards Hold Back Bottom End of Housing Market
In what is one of the primary themes running through the current housing market, tight credit standards continue to constrain lower-income buyers from purchasing homes. Compounding the impact of the tight credit standards is the ongoing stagnation in wage growth.
About author
You might also like
2015 Housing Forecasts
Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General
Mortgage Credit Likely to Expand
Recent announcements from government agencies involved in the mortgage industry indicate that mortgage credit is likely to expand soon. Among other imminent changes are lower down payment requirements which would
More 2015 Housing Market Predictions
In this article from Forbes, 11 factors that are likely to play into the housing market in 2015 are outlined. The bottom line – expect modest improvement in housing market
0 Comments
No Comments Yet!
You can be first to comment this post!