Mortgage rates hit a record low about a year ago, but they are still pretty cheap, making now a good time to get into the market, according to Anika Khan, Wells Fargo Securities senior economist. However, these cheap mortgages are still out of reach to many first-time home buyers due to tight lending requirements, low inventory, and high prices pushed up by investors.
Read the full story
Friday, June 20, 2014
3 reasons cheap mortgages won't help first-timers
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment