Rising Home Prices Push Borrowers Deeper Into Debt

April 11, 2018

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.

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