The 2008 housing crisis came with a wave of foreclosures — here's why it won't happen this time
As some of the, it's no wonder experts and prospective homebuyers are sounding the alarm.
Just like in the mid-aughts, prospective homebuyers are facing ever-rising prices and bidding wars over houses on the market.
Stricter lending standards mean that 2022's mortgage applicants tend to have a firmer financial footing than borrowers in the pre-2008 days."Last cycle, a dog could get a mortgage," Wolf said."This cycle, we have far more stringent lending rules. Buyers today have
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