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Stock Market Under Trump
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(11-26-2018, 09:36 PM)HandsomeRob86 Wrote:(11-22-2018, 01:10 PM)TJBender Wrote: Keep an eye on the mortgage to income ratio figure. Once that creeps up near 50% (it has in several large markets), everyone who bought with an ARM 5 years ago and everyone who's still buying houses today in that market are soon to be screwed. ARM Loans should be eliminated, unless one pays 25% down and has an excellent credit score of 800+. The population as a whole is not savy enough to really mentally absord the financial impact they face once those discounted periods end. |
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