WASHINGTON – If you’re thinking about buying a house, you probably know the sobering realities in the mortgage market. Thanks to strict federal rule changes in the wake of the housing bust, it can be.
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Only 11 de novo banks have opened since the end of 2009 and most of those were in the past 18 months. "To put this in perspective, prior to the financial crisis, the only time since the FDIC was established in 1933 that fewer than 20 new, insured banks opened in a single year was 1942, in the midst of World War II," McWilliams wrote.
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3 outside-the-box alternatives for home buyers in a tough housing market. January 11, 2019 An article published on Jan. 11 in MarketWatch references a Carrington customer who needed a loan for a manufactured home.
Here's a bold forecast for the housing market in 2019: conditions will continue to be strained as affordable inventory gets snatched up quickly,