04/24/2012 // (Blog: diyinstitute) // Mission Viejo, CA, US // McClain Concepts
Home prices continued to decline, but not all was doom and gloom. BuildMyCredit.com comments on how their clients are being effected, and explains how this latest data could signal an end to the sinking the housing market has experienced, and what this means for those who have been struggling bad credit. Those who have been able to hold on to their homes thus far might soon be seeing their situations improve in the near future.
Read the full story on:Rebuilding Credit for Low Interest Rates
“Mortgage rates are very, very low, but you really need to see strong job growth,” said Scott Brown, chief economist at Raymond James & Associates Inc. in St. Petersburg, Florida. “It’s still a very long way to go before we get a full recovery.”