Tag Archives: Chairman Of The Federal Reserve

Mortgage Mess Still Mires US Housing Recovery

Mortgage applications to purchase a home dropped more dramatically than did refinances, down 10 percent from the previous week. While one week does not a trend make, rising mortgage rates, coupled with severe inventory shortages, are not the mix needed … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Mortgage Market Still Hampers Housing Recovery

The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: “Some creditworthy borrowers are still having trouble getting a mortgage.” Loose mortgage underwriting is largely blamed for the housing crash, … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Private Homebuilders: Dead Men Walking

One of the biggest impediments to housing’s recovery is credit, tight credit. The Chairman of the Federal Reserve, Ben Bernanke, said in a speech to the National Association of Home Builders today: “Current lending practices appear to reflect, in part, … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Lower Mortgage Limits Are a ‘Trade-Off’ Bernanke Says

scheduled expiration of higher loan limits at Fannie Mae, Freddie Mac and the FHA will have a negative effect on the housing market by raising the cost of home ownership, you can be rest assured the chairman of the Federal … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off