Tight lending standards have prevented many sellers from listing their homes because they don’t qualify for the trade up, holding supply off the market, says Jonathan Miller, president and CEO of Miller Samuel Inc.
Tight lending standards have prevented many sellers from listing their homes because they don’t qualify for the trade up, holding supply off the market, says Jonathan Miller, president and CEO of Miller Samuel Inc.
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.