Bruh, you have to read more. It actually became HARDER to get a mortgage early during this COVID shit. These credit card companies also knocking down credit limits like crazy. But guess what? People still buying. People still spending(check the JP Morgan memo). People always been buying homes with peanuts in their pockets. It's the American way.The fucking interest rates are low but they holding on to the money like grim death.
What you are seeing is people rushing to leave cities and that inflated ass housing. Smart companies ain't going back to that office shit like that. People now know they can have land, peace, and more fucking house without living in fucking congestion. They buying homes without even seeing them in person.
Stimulus money helped with down payments. If a person in the household was part-time and got that $600 bump+ stimulus, that family now might have had a downpayment for a home--especially if they stopped paying rent. Crash will be hard, but it won't be here before the election.
