Any thoughts on how the subprime mortgage mess might affect Mueller? Mortgage companies are becoming much more stringent in their loan requirements even for people with good credit. Given the huge number of loan defaults, this is a good thing. I'm just wondering if some of the people who prequalified for a Mueller home might find that they don't qualify any more.
Mueller Fever » Living at Mueller » Buying at Mueller
Mortgage Mess
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Posted 2 years ago #
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A question I've been wondering about myself, since it may affect me.
One consequence I suspect we could see is the shrinking of the window for people who want to buy "affordable" units, i.e., the income range which is low enough to qualify for an affordable house but high enough to qualify for a loan. I wonder whether people at the City have thought about that and are prepared to enlarge the window somehow?
Posted 2 years ago #
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