#housingmarket #investing #realestate
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The credit crunch continues, it's spreading through the banking system right now and is in the process of roiling the lending markets. Especially mortgage backed securities and commercial mortgage backed securities.
Lending standards are tightening as we show with the most recent SLOOS data (senior loan officer opinion survey) which will be updated in the coming weeks, but we can already see from the new share of C&I loans that are being issued, along with the number of consumer loans that are being issued, lending is slowing, and we dive into the primary reason this happening, as well as how it affects the real estate market, and even the housing market.
Many people seem to believe the residential home loans are safe, including traditional mortgages and #heloc's but we delve into this question and use the data to help you understand that all aspects of lending are in trouble, not just commercial real estate.
What happens next is a massive slowing in the economy, people will start to lose their jobs, small business will especially be hurt. This will lead to #recession in the US #economy, and cause deals to begin popping up in real estate.
If you are a home buyer, home seller, or real estate investor this video is a must watch to gain a better grasp of the inner workings of mortgages and what happens behind the scenes when you are given a loan.
This video is not financial advice.