Aug 4, 2014
Millennials aren't pushing the housing market up from the bottom
and interest rates, while low, are no longer falling, so both
purchase and refinance business has slowed for banks.
Of course, banks like making profits on mortgage originations, so they're lowering the barrier to entry...for jumbo loans.
So it's no surprise that the number of million dollar loans is hitting new highs.
What does all this mean for real estate investors, middle class America, and interest rates?
That's what we discuss on this episode of The Real Estate Guys radio show!
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