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Real Estate Pros See Impact of Sub-Prime Mortgage Woes on Buyers

1:22 pm   -   March 21st, 2007

In an online survey of Washington urban area real estate agents, seventy-three percent (73%) of those surveyed said the availability of sub-prime mortgages and tighter standards for “alt-A” loans has had a negative impact on their ability to get homes under contract. More than sixty percent (60%) said their clients are encountering difficultly in qualifying for the loan they need to purchase a home. (more…)



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