5 Home Buying Myths: Set Your Clients Straight » Mortgage Masters Group

Pushed by demand from customers, increasing real estate values, and competition from other lenders, major mortgage lenders are easing their. Residential housing prices heavily influence demand for housing credit. Demand for mortgage brokers increases when home prices rise because purchasing a.

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Blog – For instance, in the event of a housing market correction you might owe more than what your home is worth. Ask yourself if a low interest rate and easy access to credit may encourage you to spend more than you can afford to pay back. You could find yourself in a debt spiral, using additional home equity just to stay current on your mortgage.

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