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Loan Modification

: Mortgage Lender Implode-o-Meter

First Time Home Buyers vs. Home Investors

By Implode-Explode Heavy Industries

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"Encouraging signs in the housing market today: sales of existing homes spiked almost 7 percent in March, turning around three months of declines. Now many of those home purchases came from first time buyers scrambling to take advantage of tax credits that expire at the end of this month. But those new buyers are facing some competitors. As Stephanie Dhue reports, in some markets, house hunters with cash are shutting out first timers."

Full post as published by Mortgage Lender Implode-o-Meter on April 23, 2010 (boomark / email).

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