How borrower income effects payments and determines home values

Borrower income and mortgage rates determines how much buyers can borrow for a home purchase, making borrower income a major component of market prices.

Since this is the prime season for real estate sales, many people come to this site for basic information on homebuying and the market. Today,… – How borrower income effects payments and determines home values

NAr’s Lawrence Yun doesn’t understand cloud housing inventory

MLS Inventories are low because underwater owners and those will low equity aren’t listing their homes.

Back in 2011 lenders changed their loss mitigation policies. Rather than foreclosing on delinquent borrowers and selling the subsequent property as REO, banks made two major changes… – NAr’s Lawrence Yun doesn’t understand cloud housing inventory