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National Association of Realtors wants lenders to loosen up (access required)

Survey of sellers and buyers shows single and first-time buyers face tougher requirements

As the housing market continues to recover, tough mortgage requirements are preventing some buyers from entering the market, according to a new survey by the National Association of Realtors. In its annual profile of homebuyers and sellers, the association found that tight credit is affecting homebuyers’ ability to obtain a loan. “Single homebuyers have been suppressed for ...

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