Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
home | Welcome, sign in or click here to subscribe. | login |
The Real Estate Adviser |
February 26, 2009
Maybe it's just the point in our lives, but it seems that the availability of home mortgage money mirrors that of college tuition: there are some terrific programs for the needy, the wealthy always find a way, but those in the huge middle category often have few options.
Some long-time homeowners and perfectly qualified “new generation” buyers who have been on the sidelines are having extreme difficulty in getting financing or refinancing their present loan. The pendulum has now swung from “no loan ever rejected” to “no loan good enough for funding.”
. . .
Previous columns: