[quote=deadzone]Well many folks who bought recently at these all time crazy prices are already stretched thin.
Also, many homeowners took out HELOC in last couple years for remodeling, etc. That was huge during Pandemic.
And if these are Tech workers, their portfolios have been dropping big time this year as the value of their stock options are going up in smoke.[/quote]
Data please. YOu can’t be stretch thin and still get a loan today. Do you have proof that underwriting has changed to allow people to be stretched thin?
HELOC for remodeling, proof/data?
