More Subprime Mumblings Emerge
More lenders are jumping into the subprime loan market again, ready to give borrowers with flawed credit another shot at the housing market. 'The recession knocked a lot of people to their knees,' says FreedomPlus President Joseph Toms. 'Now, they're in a better position and nobody is willing to lend to them.' And this week reports Falling Mortgage Rates: Freddie Mac released Thursday the results of its Primary Mortgage Market Survey for the week ending March 6, showing the 30-year fixed-rate mortgage (FRM) falling. Read more
No comments:
Post a Comment