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Are We Doomed to Repeat the 2000s Housing Crisis?
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The early 2000s housing crisis left many Americans financially devastated after losing their real estate investments and homes. It's no surprise that people are still wary of this crisis repeating itself whenever there's an extreme flux in the housing market—like our current market, almost two decades later...
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Mortgage credit availability decreased in June according to the latest Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology, released last week. The MCAI fell by 0.3% to 119.6 in June, MBA reported. A decline in the MCAI indicates that ...
