REALTORS® have been aware of tight lending conditions for years. Data on average FICO scores, debt-to-income ratios and downpayments support this conclusion. However, a recent survey conducted by the Federal Reserve sheds more light on which … [Read more...]
Credit Unions Do More Lending
Commercial real estate loans are very difficult to obtain. The lack of government backing (outside of multifamily mortgages) and a higher capital charge on office, retail, industrial, and other commercial real estate-related mortgages have severely … [Read more...]
