Low mortgage rates hard to get

IllinoisRealEstate.com In The News From The Chicago Journal:

Lenders being more cautious during credit crisis
By Inyoung Hwangand and Claudia-Teresa Pou, Medill News Service

"Applications are one thing," Scott Epstein, the broker and owner of Illinoisrealestate.com, said. "I'd want to see the percent of applicants versus the people that actually get approved."

"Rates will have to stay low for a long time for the housing market to turn around," Epstein agreed."

Read Full Article: http://chicagojournal.com/main.asp?SectionID=42&SubSectionID=120&ArticleID=7009&TM=36873.43

PDF Archive