The economy’s improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening.
Mortgage Approvals Are Getting More And More Scarce
February 9th, 2010 · Comments Off on Mortgage Approvals Are Getting More And More Scarce
Tags: Mortgage Guidelines
Pending Home Sales Predicts A Stronger Market
February 9th, 2010 · Comments Off on Pending Home Sales Predicts A Stronger Market
A Pending Home Sale is a home that is under contract to sell, but not yet sold. It’s a figure compiled by an industry group using sales data from over 100 regional listing services and more than 60 large brokerages around the country.
Tags: Talking Real Estate