Sentences with phrase «facing tighter credit»

Subprime card applicants still facing tight credit — The economy may be sunnier, but people with less - than - perfect credit are still getting a chilly reception from credit card issuers... (See Lending standards)

While sales of distressed properties — foreclosures and short sales — have shrunk since the first of the year, a surge in sales of «normal» non-distressed properties has pushed total home sales through June 4.5 percent higher than last year even though buyers face tight credit and low inventories.

Not exact matches

As the franchise industry continues to face the challenges brought on by the great recession and tight credit markets those franchisors that achieve continued growth reflect sound franchise systems including these ten franchise opportunities.

Let's face it — when money is tight most of us prioritize bills that will affect our credit over those that don't.

As the financial crisis waned and the emergency lending programs were wound down, the Fed chairman faced a new challenge: A recovery hobbled by tight credit, a lackluster housing market and financial turmoil in Europe that left the unemployment rate at 9.1 percent two years after the expansion began.

At an industry summit in Whitehall last month lenders were told they could face tighter controls, including limits on the number of loans taken out and a cap on the total cost of credit.

The housing market faces challenges, such as the number of home owners still facing negative equity, inventories of for - sale homes remaining constrained, and mortgage credit remaining tight and preventing some buyers from qualifying for a loan.

The real estate market is recovering but still faces hurdles, notably from tight mortgage credit, but problems with a sizeable share of real estate appraisals also are holding back home sales, according to NAR survey findings.

«Similar to some of the obstacles facing first - time buyers, tighter credit conditions and having less purchasing power than households with dual incomes likely led to the share of single - female buyers declining to its lowest since 2001 (also 15 percent),» noted Dr. Yun.

Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years.

«This underscores the ongoing challenges that many credit worthy homebuyers face with today's tight credit standards.»

New home construction companies are facing a labor shortage and a tight credit environment that makes it hard to get loans.

«The fact that first - time buyers are looking for information about FHA loan programs and home buyer assistance underscores some of the challenges today's home buyers face in today's tight credit environment,» says Thomas.