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Sunday, March 29, 2015

Housing markets facing longest road to recovery by Mark Lieberman and Thomas C. Frohlich, March 28, 2015

I recently refinanced my home here in San Diego, CA and was really surprised at the high level of scrutiny the big banks put us through in order to refinance.  And I think this is contributing to the slow housing market.  It's almost as if the pendulum has swung from one extreme to another: lending was too easy before and now it has become too hard.  A happy medium is the solution.

Housing markets facing longest road to recovery

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