Lending Standards | Are Propping Up Home Prices?

By |2018-08-03T10:56:28-07:00August 3rd, 2018|Buyers, Jane and Jeff Daley, Luxury Valley Homes, Scottsdale Real Estate, Scottsdale real estate Arizona|0 Comments

Lending Standards - 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 households may [...]