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Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. He simply didn’t have the extra stores of cash to outbid those who did. By April 2021, the rate fell to 64.6%.

article thumbnail

Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. He simply didn’t have the extra stores of cash to outbid those who did. By April 2021, the rate fell to 64.6%.

article thumbnail

Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. He simply didn’t have the extra stores of cash to outbid those who did. But the range goes even higher!