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Single family homes on the market. Updated weekly.Powered by Altos Research
719,055-2977
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.02%0.01

There’s a credit pull for that

CR over at the Calculated Risk blog tackles the newest meme among borrowers — walking away, even if loans are recourse, in order to get into a now-devalued (and cheaper) house. What’s amazing is that this can even happen; it’s not that hard to find out if a borrower has another mortgage.

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3d rendering of a row of luxury townhouses along a street

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