Mortgage Meltdown of 2021
Today, many are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing fear that we’re returning to the bad habits seen 15 years ago. Ben Belack, Beverly Hills realtor, gives his take in this episode of market matters.
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