About one in five conventional mortgage loans issued this winter went to borrowers who spent more than 45 percent of their monthly incomes on their mortgage payment and other debts. This is the highest proportion since the housing crisis, according to CoreLogic, a real estate data firm. Further, that is nearly triple the proportion of such loans issued in 2016 and 2017.
Real estate professionals told the Wall Street Journal that they are concerned a growing number of buyers are becoming priced out of the housing market.
