Real Estate Marketing & Beyond

It's getting harder to be approved for a mortgage

By Mike Wheatley | April 9, 2021

Mortgage rates fall again but credit availability gets tighter

By Mike Wheatley | October 21, 2020

Mortgage rates are at an all-time low, but that’s just too bad for the thousands of potential home buyers who’re missing out on the action due to tighter lending standards. According to Bloomberg News, housing credit availability has reached its lowest level since February 2014. Back in January of 2019, Ginnie Mae, which is a […]

Mortgage, Real Estate, Residential, US Real Estate

Retirees Fall Foul of Tight Lending Standards

By Mike Wheatley | May 31, 2012

Decreased monthly incomes among retirees are making it more difficult for people in this age group to buy homes, as many are now unable to qualify for a mortgage now that lending standards have been tightened up.

Mortgage, Real Estate, US Real Estate

Just Who Does Qualify For a Loan These Days?

By Mike Wheatley | May 23, 2012

The answer? Not many, that's who... While mortgage rates are being advertised as the lowest in a lifetime, the simple fact is that thousands of prospective buyers will never qualify for them.

Mortgage, Real Estate, Residential, US Real Estate

Borrowers Face “Interrogation” From Mortgage Lenders

By Mike Wheatley | May 16, 2012

The majority of consumers fail to realize exactly what lenders will ask them about when it comes to applying for a mortgage loan, and as a result, many borrowers are shocked about some of the things that banks will ask of them.

Mortgage, Real Estate, US Real Estate

Mortgages Harder Than Ever to Obtain

By Mike Wheatley | May 14, 2012

Mortgages have become notoriously difficult to obtain, even among some of the most creditworthy borrowers, and lending standards are unlikely to be eased any time soon, according to Federal Reserve Chairman Ben Bernanke.

Mortgage, Real Estate, US Real Estate

Federal Reserve Move May Reduce Interest Rates Further

By Mike Wheatley | September 23, 2011

The Federal Reserve is to try a new strategy in its attempt to reduce business and consumer borrowing costs and encourage economic growth in the U.S., in spite of Republican pleas not to expand its stimulus program any further, reports the New York Times. Last Wednesday the Federal Reserve said that over the next nine […]

Real Estate Investing

Is Now Really Such a Great Time To Buy?

By Mike Wheatley | May 10, 2011

“Now is a great time to buy” Yeah, we’ve heard that so many times over the last few months, and no doubt so have you. We wouldn’t be surprised if you were actually sick of hearing it, it’s been repeated so much over the last few months. But, according to Zillow at least, now really […]

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