Real estate blog entries tagged with mortgage dilemma exists by James Pycha (R)

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Home : Blogs : James G. Pycha (R), REMAX Kauai Broker : James Pycha's REMAX Kauai Real Estate Blog : Tag "mortgage dilemma exists"

mortgage dilemma exists: Mortgage Dilemma Exists - 11/28/08 10:10 PM

The current scarcity of funds available for mortgage lending creates a chicken-and-egg situation,
1. Investors who provide funding for home loans don't want to commit more money until they believe the housing market is getting better.
2. But it's hard for the housing market to rebound as long as mortgage credit is tight.
3. Lower prices eventually will break this impasse, by luring buyers back into the market and reassuring investors that the market is finding a bottom.

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James G. Pycha (R), REMAX Kauai Broker

Princeville, HI

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James Pycha (R) - REMAX KAUAI

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