Mortgage Blog

How will central banks lending affect us

June 15th, 2012 12:44 PM by Michael and Jill Kohler

Wake up America. While we wait for central banks to save us, we need to start lending again here at home! This is a credit society today. There are many middle class Americans who could benefit from greater access to credit, but whom are unable to borrow now that housing values have fallen and banks have tightened their requirements. The direct effect on our economy from real estate purchases and mortgage being down cuts large amounts of jobs from real estate and housing sector impacting realtors, lenders, title companies, underwriters, processors, insurance companies, home inspectors, building material stores, home furnishings etc. The list goes on and on.

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Posted in:General and tagged: Pa Mortgage rates
Posted by Michael and Jill Kohler on June 15th, 2012 12:44 PM

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