3 ms·
Typical non rigorous find a few examples and write a story article. Not saying not true either just that getting a few people to say something is not a trend o
by gist 7y ago
Typical non rigorous find a few examples and write a story article. Not saying not true either just that getting a few people to say something is not a trend or show what is happening in most places (possibly).
That said we just did a refi which closed today. (My own single data point anecdote).
It does make sense that the risk is greater for the mortgage companies now than in typical times in the sense that traditional borrowers who were secure and non risky in a regular economy could potentially be out of work and have a greater chance of default with the security not being worth that much.