Monday, Apr 02, 2007
How to burst a bubble :-)
New York Times: The Battle for a Mortgage
"...in recent weeks, a growing number of New Yorkers, often with six-figure salaries and reasonably good credit, have begun to find that mortgages are harder to get as lenders try to stem losses from loans to the weakest, or subprime, borrowers."
This is talking about things changing a lot in the last month so no stats are going to even have a sniff of the impact yet. Can't wait to see the figures for house sales and prices for April and May when they come out. If you're thinking of selling here best get on with it as we're not that far behind!
Posted by houseoflords @ 11:07 PM (204 views) Add Comment
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