Tighter Lending Requirements: FHA is in the process of tightening their lending guidelines. …
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Where are housing prices headed?
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Consumer prices in October fell at the fastest pace in more than 60 years, sucked down by the rapidly deteriorating economy. The prices of oil, food, cars, clothing and electronics have all plunged. Home prices continue to swoon and so do stock prices. ... When it came to predicting where things are headed, Roubini was among the best. I am disheartened by the fact that he is recommending the same silly nonsense as nearly everyone else as the cure. ...