Demand for mortgages rose during the second quarter, but a strong divergence between larger and smaller lenders in underwriting credit standards is appearing.
Will the “Housing Renaissance” Lead to Economic Recovery?
January 9, 2013 by
The national housing market looks to be in the best shape it’s been for years, with rising prices, increased sales and decreased inventories becoming common all over the US. Few would argue that a recovery isn’t under way, and now some commentators are predicting that housing could well pave the way for a broader economic recovery.
Rising Mortgage Rates “Unlikely” To Affect Housing Recovery
January 7, 2013 by
Experts are predicting mortgage rates to will finally begin to pick themselves up later this year, and when they do, it’s likely that the higher rates will affect move-up home buyers and curb refinancings.