Rising Home Prices Push Borrowers Deeper Into Debt
Wall Street Journal, Apr. 10, 2018–Laura Kusisto, Christina Rexrode (subscription)
Roughly one in five conventional mortgage loans made this winter went to borrowers spending more than 45% of their monthly incomes on their mortgage payment and other debts, the highest proportion since the housing crisis, according to new data from mortgage-data tracker CoreLogic Inc.
