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The credit pall
Every mortgage broker I interviewed for today's article had the same message: Frustration.
This is the worst credit market they've seen in 20 years -- or ever.
That means deserving customers can't get mortgages, deals are falling through for lack of financing, and mortgage restrictions are changing so rapidly there are no guarantees.
Homebuyers who can secure financing are being advised to get it in writing and lock it in. The rules change constantly.
Even more grim, lenders don't see an end, soon, to the turmoil.
This blogger might want to review your comment before posting it.
About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate
and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.
