So are we at the beginning of yet another boom-bust cycle? It doesn’t seem likely, writes Business Bloomberg. One key difference is that the latest surge isn’t being driven by unconventional loans that let people buy with little or no money down. Most buyers today are putting at least 20% down or paying all cash.
Lack of ‘exotic financing’ will prevent housing bubble
Most Popular Articles
Latest Articles
The Retirement Trifecta
To retire successfully, to meet the challenges and manage the risks Boomers face, they will need to secure their own personal, Financial Trifecta.
-
Ocwen improves overall reverse mortgage performance despite volume contraction
-
Top LO Tim Potempa joins E Mortgage Capital
-
Mountain West Financial sells retail assets to ML Mortgage Corp.
-
New appraisal bias protections apply to reverse mortgage program: FHA
-
Engel & Volkers continues its expansion in Atlanta