The State Of The Housing Market And Higher Lending Standards
As mortgage interest rates tumble, the housing market is becoming more interesting. Inventory is already up in many of the nation’s once hottest housing markets, but the average credit score for qualified mortgage borrowers is also at an all-time high.
Due to these factors, I don’t see a recession as bad as the one we experienced between 2008-2010. Read the post and check out the graphs here.
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