Sell My House in MD | This is Not 2008 All Over Again: The Mortgage Lending Factor

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Most real estate brokers and agents don’t really have all the tools needed to provide 100% selling services to sellers that need to sell their houses quick, for cash and at a fair price.


This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.


In order for most consumers to take advantage of the competition between these investors, we’ve created the perfect system. If you are in the market to sell you home and you are in need for a fair offer right away… you’ve come to the right place.


We can provide customised innovation towards all your real estate needs if you are a home seller.
Today, I would like to talk to you about This is Not 2008 All Over Again: The Mortgage Lending Factor

 

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money.


Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning to the bad habits of a decade ago. Let’s alleviate the fears about the current mortgage market.

 

The Mortgage Bankers’ Association releases an index several times a year titled: The Mortgage Credit Availability Index (MCAI). According to their website:

 

“The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is…a summary measure which indicates the availability of mortgage credit at a point in time.”

 

Basically, the index determines how easy it is to get a mortgage. The higher the index, the more available the mortgage credit.

 

Here is a graph of the MCAI dating back to 2004, when the data first became available:

 

 

 

READ MORE:  https://www.reallynicehomes.com/sell-my-house-in-md-this-is-not-2008-all-over-again-the-mortgage-lending-factor/


???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 
www.99SOLD.com - Call or text 240-426-5754 for more information.

 

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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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