Mortgage Rates & Mortgage Broker News in Canada |
| Real Estate’s Double-Edged Sword Posted: 19 Nov 2021 02:36 PM PST It’s easy to forget the power of leverage. With $100,000 of income, a creditworthy borrower can now qualify for almost three times the mortgage they did in the early 1980s. Decades of falling interest rates and expanding credit availability have made that possible, while acting as a giant lever for home values and mortgage activity. The prosperity that's been created in our industry this millennium is truly phenomenal, and it's largely thanks to an unprecedented vertical climb in real estate. […] |
| You are subscribed to email updates from Mortgage Rates & Mortgage Broker News in Canada. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment