Sunday, September 2, 2007

Confused by the Market Slowdown?

by Stephanie Scholl

Are you wondering why your home isn't selling? In today's tough housing climate, it's necessary for homeowners to stay on top of market trends. That involves a little continuing research. At northiowahobo.com, we try to make that research easier by posting some relevant news articles on a regular basis.

The following article is from usatoday.com. It gives some background into the mortgage industry and explains why fewer people are qualifying for mortgages... hence, fewer potential homebuyers.

http://www.usatoday.com/money/economy/housing/2007-08-30-mortgage-brokers_N.htm

Here is another interesting article from cbsnews.com. It includes tips for homebuyers who want to apply for a mortgage, plus explains how the process is tougher and what to expect.

http://www.cbsnews.com/stories/2007/08/30/business/realestate/main3220384.shtml

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