Access to mortgage credit tightened in the first quarter of 2015, according to the Zillow Mortgage Access Index (ZMAI). It had been getting progressively easier to obtain a mortgage since 2012, but the first several months of this year marked a pause in easing access to mortgage credit. Mortgage credit availability is almost unchanged from a year ago, meaning despite … [Read more...] about Getting a mortgage no easier than a year ago
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Experts: Easier-to-get mortgages may not draw more buyers
Most experts surveyed in the latest Zillow Home Price Expectations Survey said it's going to get easier to get a mortgage in the next several years, but they were divided about whether that would spur more renters to buy homes. The survey, sponsored quarterly by Zillow and conducted by Pulsenomics LLCi, asked panelists about their expectations for mortgage availability, home … [Read more...] about Experts: Easier-to-get mortgages may not draw more buyers