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Old 08-25-2023, 03:59 PM   #1805
GGG
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Quote:
Originally Posted by Yoho View Post
These were some of the first steps taken in 2008 in the US before the job market tanked.

https://www.nytimes.com/2009/01/09/b....19232394.html
There is a difference between reducing qualifying standards to allow longer amortization which further inflates pressures and Variable rate mortgages which have fixed payments until the entire payment is interest.

Making mortgages easier to qualify for would be bad right now.
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