Mark Zandi Quotes About Today

Quotes about: Today

• The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow.

  Mark Zandi

  Average, Credit, Today

• Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

  Mark Zandi

  Creating, Credit, Today

• At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

  Mark Zandi

  Technology, Thinking, Imbalance

  Source: www.washingtonpost.com

• An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy.

  Mark Zandi

  Rising, Today, Economy

  Source: www.washingtonpost.com

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