The 2008 housing crisis came with a wave of foreclosures — here's why it won't happen this time
As some of the, it's no wonder experts and prospective homebuyers are sounding the alarm.
Just like in the mid-aughts, prospective homebuyers are facing ever-rising prices and bidding wars over houses on the market.
Stricter lending standards mean that 2022's mortgage applicants tend to have a firmer financial footing than borrowers in the pre-2008 days."Last cycle, a dog could get a mortgage," Wolf said."This cycle, we have far more stringent lending rules. Buyers today have
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Santa Clarita man to plead guilty in $1.7 million investment fraud schemeMatthew Skinner, 45, founded companies called Empire West Equity Inc. and Simple Growth LLC
Weiterlesen »
The Fed Still Isn’t the Stock Market’s FriendHeard on the Street: It has been a rough year so far for the stock market. Unfortunately for investors, the Fed probably doesn’t feel their pain.
Weiterlesen »
Weather service warns of hazardous surf on coast ThursdayRip currents and sneaker waves will increase danger along the coastline Thursday.
Weiterlesen »
Halsey Has Long, Blonde 'Forest Witch' Hair in New Makeup-Free SelfiesYes, we've fallen under halsey's spell. No, we don't need saving.
Weiterlesen »
Is the Homestead Rebate for homeowners running late?The Homestead Rebate does run on a delay. Here's how.
Weiterlesen »
One Shocking Impact Of Hormone Imbalance We Can't Ignore, From An MDLet's take a closer look at what happens to a woman's eyes during menopause and why it matters.
Weiterlesen »