However, a potential roadblock is
continued tight credit standards.
Not exact matches
Home prices have
continued to decline in this part of the region, influenced by distressed sales and lower demand from the recession and
tighter credit standards.
An Increase in
Credit Availability For those who think the lending
standards are too
tight and are afraid they will be denied a mortgage, here's some good news:
Credit availability is expected to
continue to increase through the spring, says Mike Fratantoni, chief economist for the MBA.
«
Credit profiles that fail to meet
tighter underwriting
standards are conditions that
continue to work against first - time home buyers,» according to the report.
Tight credit: Stringent
credit standards continue to affect sales, particularly for first - time home buyers who are still struggling to qualify for financing, according to the REALTORS ® surveyed.