Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some […]
The post Are Lending Standards Propping Up Home Prices? appeared first on Vantage Realty Pros.
This post first appeared on Wondering If You Can Buy Your First Home?, please read the originial post: here