Will Homeownership Bankrupt Americans?
DataMaster
JUNE 9, 2021
in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. If a consumer has no other debt, the CFPB states that it’s acceptable to loan a qualified buyer that amount for a home! By April 2021, the rate fell to 64.6%. But the range goes even higher!
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