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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 8:46 am to
Posted by Rick9Plus
Baton Rouge
Member since Jul 2020
1738 posts
Posted on 4/27/24 at 8:46 am to
quote:

Like a years long gap? Rental market is crazy right now. You’d likely have someone ready to move in right away.


There’s also the debt to income ratio for getting a new mortgage if you still have an old one.
Posted by TackySweater
Member since Dec 2020
12054 posts
Posted on 4/27/24 at 9:22 am to
quote:

There’s also the debt to income ratio for getting a new mortgage if you still have an old one.

True. Assuming you have a good history and not asking for a crazy amount, I feel like lenders may be a little lenient to try and get more people into loans right now.
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