Stumble It!
Too Little, Too Late, or Too Much?
The article's title related the adjusting of credit qualifications to get a mortgage, like closing the barn door after the horse is already gone. Not being careful about the barn door being closed, you will lose the horse. Is this what the mortgage industry has done by lending too liberally? What will help? Will lower interest rates help, if the credit standards are tightened so much? How does this affect the real estate investor? Read the article below, and comment on your insight to these questions.
The economy is cyclical good and cyclical bad. Welcome to bad for real estate.
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