Wednesday, November 28, 2012

Low mortgage interest rates driving the market


I believe this article from Realty Times is on point with the volume of business we are seeing now.  But the question no one is asking - is the market going to run out of qualified borrowers?

Lenders have tightened their criteria and loans are harder to get.  Low rates help, but they're not the only answer as home prices tend to rise in a low rate market.  It's a Catch-22.

What do you think?

For your next title order or
if you have questions about what you see here, contact
Stephen M. Flatow, Esq.
Vested Land Services LLC
165 Passaic Avenue, Suite 101
Fairfield, NJ 07004
Tel 973-808-6130 - Fax 973-227-0645
E-mail sflatow AT vested.com
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