NAR Says Tight Lending Standards Hurting Existing Home Sales
admin2011-05-04T02:11:12-07:00May 4, 2011 (Jeff Alan) Lawrence Yun, chief economist for the National Association of Realtors (NAR), says existing home sales “would be stronger if tight mortgage lending criteria returned to normal, safe standards.” The statement was made in NAR’s recently released Pending Home Sales Index (PHSI) report, which stood at 94.1 in March, but was [...]