Welcome back dream-makers! This is “Today In Mortgage!” and we’re breaking down the collapse of Evergrande in China and how that affects the US housing market. China lacks demand on their new builds; the opposite of the US’s problem of high demand and not enough housing. An article from Housing Wire discusses the ripple effect of this failed entity in China on the US housing market.
As mortgage professionals we need to be knowledgeable and prepared to help our borrowers make wise borrowing decisions. Listen in as we breakdown todays news!
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