For marginal borrowers with little in savings $ 1,800 on top of the other closing costs may be an impossible burden. (themortgagereports.com)
Mortgage tightening effectively pushes marginal borrowers out of the market, reducing the size of the pool of first - time homebuyers. (canadianbusiness.com)
Credit spreads fall when conditions are stable, until enough marginal borrowers take on debts that they can't afford, and the bust phase of the credit cycle kicks in. (alephblog.com)