There are going to be some situations
where loan availability for properties with higher leverage or in less favorable locations will be impacted, with a potential pullback on overall leverage, says DeRoy.
The widespread
availability of of low - and no - downpayment
loans, plus rising approval rates, plus today's low mortgage rates, have spawned an environment
where buyers outnumber sellers; and
where demand for U.S. homes exceeds the available supply.