«At the same time,
overly tight credit conditions are certainly constraining consumers» ability to purchase homes as well as builders» ability to construct them.»
More fundamentally, it's low inventories and
overly tight credit restrictions that are having the biggest impact on markets, Yun said, and he noted that the federal qualified mortgage (QM) rules that took effect earlier this year are not helping matters.
Pushback against
overly tight credit after the housing crisis, a shrunken proportion of first - time buyers and worry about affordability as home values rose led to some tweaks to guidelines that could ease financing pressures for homebuyers this year.
Not exact matches
With U.S. stocks trading for more than 20x trailing earnings,
credit spreads
tight and volatility roughly 35 % below its long - term average, it is difficult to argue that investors are
overly pessimistic (source: Bloomberg).
Credit conditions were overly tight during the Great Recession, and now credit is flowing back to low credit score individuals who are purchasing cars at a fast
Credit conditions were
overly tight during the Great Recession, and now
credit is flowing back to low credit score individuals who are purchasing cars at a fast
credit is flowing back to low
credit score individuals who are purchasing cars at a fast
credit score individuals who are purchasing cars at a fast clip.
With U.S. stocks trading for more than 20x trailing earnings,
credit spreads
tight and volatility roughly 35 % below its long - term average, it is difficult to argue that investors are
overly pessimistic (source: Bloomberg).