Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss if shrinking bank accounts post liberation day could affect your ability to qualify for a mortgage. The POTUS says to hang in there, but in the meantime there are some fears out there in marketplace. Today’s article is from mpamag.com: “The ‘800 pound gorilla’ now threatening housing affordability in the US.” The article is referring to people’s shrinking investment accounts. Americans lost trillions in wealth, and the average American’s wealth is tied to their homes and 401ks. If you were looking to buy, most lenders will allow you to borrow 50% of your vested balance. So, if it is worth less now, that could be a struggle for your down payment – if you were intending to borrow from that account. Listen in as we discuss this and more!

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