

Home Prices + Safe Loans = More Renters
According to an August study released by Zillow 86% of renters don’t have the income or credit to buy a home in their local markets. With home price increases and lenders more concerned with originating safe loans to avoid falling out of compliance and under the scrutiny of the Consumer Financial Protection Bureau many people are excluded from the home ownership conversation.
By David Hughson
Mortgage Planner
858-863-0264
jessesdisqus
This is such an important and timely post, David. The reality is that most of the renters we are speaking to are looking at a new lease increase which is the same (if not even more in some cases) as it would be to buy!