Easing Mortgage Standards
Mortgage standards appear to be loosening in what will be a critical factor in aiding the housing recovery. After a period of tight standards in the wake of the housing bust, lenders, with assistance from the government, are easing credit for homebuyers. Among some of the positive changes are an increase in low downpayment programs and lower minimum credit scores.
About author
You might also like
Report Finds Homeownership in California Lowest Since 1940s
While San Francisco is often portrayed as the epicenter of housing unaffordability on the West Coast, the issue is truly pervasive to California as a whole. A draft report from
Existing Home Sales Jump in March
Sales of existing homes moved up to a greater than expected seasonally adjusted annual rate of 5.19 million, an increase of 6.1% from February. Economists had expected a pace of
Housing Outlook 2017: Eight Predictions From The Experts
In so many ways 2016 was an unprecedented, volatile and, for some, excruciating 12 months. And the housing market was not immune to the year’s whims. At the start experts
