Why did the index rage out of control during the housing bubble? The main reason was the availability of loans with extremely weak lending standards. To keep up with demand in 2006, many mortgage lenders offered loans that put little emphasis on the eligibility of the borrower. Lenders were approving loans without always going through […]
Rancho Cucamonga Real Estate Agent Li Li Hwang shares the KCM’s article on Historic Data for the Mortgage Credit Availability Index
