House Down Payments Soar To 20 Year High As Banks Crack Down On New Loans

Discussion in 'Economics' started by Banjo, Nov 27, 2020.

  1. Banjo

    Banjo

    #1     Nov 27, 2020
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    Nobert and murray t turtle like this.
  2. murray t turtle

    murray t turtle

    #2     Nov 27, 2020
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    Nobert, syswizard and ET180 like this.
  3. syswizard

    syswizard

    Yeah, I agree. If it gets to 20%, that would be a concern.
    I wonder what it is now for no-doc loans....25% ? or more ?
     
    #3     Nov 27, 2020
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  4. dschubring

    dschubring

    I believe no doc loans are a thing of the past sine the Frank - Dodd act. If anyone has a line on where you can get one I would be seriously interested in that info.
     
    #4     Nov 28, 2020
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  5. syswizard

    syswizard

    that was horrible piece of legislation...should be abolished.
     
    #5     Nov 29, 2020
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