Manufactured Housing News

Indirect Auto Loans Struggle while Manufactured Home Loans Increase

Monday, 17 August 2020

Tags: Home Lending Market, Home financing, Loan Portfolio Improvement Tips, auto loans

During an economic downturn, people tend to cut spending and postpone big purchases, like cars and homes. But even though we’re currently facing a decline in economic activity, many people are planning to buy a home within the next few months. Conversely, many financial institutions are originating fewer auto loans despite rock-bottom interest rates.

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