Low Rates May Not Be Enough For Mortgage Market

How affordable are U.S. mortgages these days? For many months now, analysts have been saying that the combination of rock-bottom interest rates and low home prices have created a climate of extreme affordability for home buyers. In the latest report on existing-home sales, the National Association of Realtors beamed about evidences of a housing recovery. [...]

Source: http://www.loan.com/blog/2012/06/20/low-rates-may-not-be-enough-for-mortgage-market/

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