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.



Posted by Kathleen Couch at 8/13/2007 8:32 PM
Categories: Financing
 

What did you think of this article?




Trackbacks
Trackback specific URL for this entry
  • No trackbacks exist for this entry.
Comments
Display comments as (Linear | Threaded)
Page: 1 of 1
Page: 1 of 1
Leave a comment

 Enter the above security code (required)

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.