Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding.
Source: Inman News
Homebuyers, lenders increasingly wise to flood risk: Zillow
Published in Banking & Lending, climate change, climate risk, climatecheck, denial, fire risk, flood risk, Markets & Economy, Mortgage, mortgage applications, Select, withdrawal and Zillow
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