Reported 8 months ago
Structured Finance CEO Michael Bright offers insights on how borrowers can reduce their loan burdens as home prices in the 20 largest US cities surge by an average of 7.2% year over year. Bright suggests working with broker agents, shopping around, and building relationships with brokers to potentially secure loans at lower rates. He emphasizes the importance of addressing the historic unaffordability of housing due to supply shortages and slow-moving national efforts to rectify the issue.
Source: YAHOO