Higher Lending Standards Lowers Demand for Housing

From the Oregonian:Raising the bar for obtaining mortgage insurance in central Oregon’s Deschutes County likely won’t affect many of the buyers at the region’s proliferating destination resort developments because those buyers generally can put 20 percent down on their home purchases, said Tom Greene, principal broker at RE/MAX Equity Group in Bend and president of the Central Oregon Association of Realtors.B…
Original Source

  21 March, 2008| housingblogs | @ 19:21

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