It's not quite as bad as the early 2000's yet. They're still verifying income at least and I haven't seen any variable rate balloon mortgages of the type they were suckering unsuspecting buyers into back in '06.

But they're reducing down payment requirements and gradually lowering credit score requirements. Same slippery slope. 

https://i.nostr.build/Sgzcu9acAvh26Wqq.jpg 

 Early bird gets the worm. I have a 700q score. I'll take a 1% loan for a cash production asset like multi family real estate and scoop up some of this "affordable housing" being built to rent out, so my lifestyle is affordable. 
🤣🤙