[CITY] Real Estate News

February 24th, 2012 8:02 AM

Capital economics quotes they expect the housing crisis to end this year. Why? Because of loosening credit. They are lending to borrower's with a 700 credit score and better, lending 3.5 times the borrower's earnings and the LTV (loan to value) ratio is at 82%. This is a step in the right direction.

Have a good weekend and if you are here in Daytona Beach enjoy all the racing!

Posted by Michelle Cecchini on February 24th, 2012 8:02 AMPost a Comment (0)
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