Definition of "Tight money"

  1. A decrease in spending dollars because of a decrease in the money supply.
  2. Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get.

Comments for Tight Money

Maria Del Rosario Rivera Cuevas Maria Del Rosario Rivera Cuevas said:

what would need to occur to turn a tight money market into an easy money market?

Jun 10, 2021  23:49:44

 
Real Estate Agent

Hey Maria! Thank you for reaching out to us. For a tight money market to turn into an easy money market, a recession is required. An easy money market is designed to increase the money supply, grow the collective demand, and create new jobs. By doing this, interest rates will drop, business activities will accelerate, and the unemployment rates will drop.

Jun 11, 2021  07:33:17
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

What a piece of property could be sold for on the market. ...

Credit note which a lender's only security is the borrower's personal financial situation and credit history. ...

the loan rate stated on the face of the loan note. The nominal loan rate is not the same as the effective interest rate. For example, if points are charged to secure a loan, the effective ...

What is a turnkey property? A turnkey property is a very popular type of investment property that real estate investors prefer because it starts bringing a return on investment quickly. ...

Window(s) situated on top of a structure to furnish air and light for the inside. ...

Those factors causing the movement of people, industry, and business from the central city to the outside central city areas, suburbs, and/or small cities. Elements of the dispersing force ...

Two-story house where the front door is located above the first floor but below the second floor. ...

Are you ready to unlock the secret to reaching your ideal audience? The key is market delineation! But what what does delineate mean? Join us on this real estate journey and uncover the ...

Mortgage for residential property. ...

Popular Real Estate Questions