Is credit as tight as some analysts claim? American Enterprise Institute says no, because first-time buyers with so-so credit flooded the market last month.
Article image credited to Alex Yeung / Shutterstock.com
- The AEI took issue with observations put forth by the National Association of Realtors that credit standards are still too tight.
- The International Center on Housing Risk is contending that first-time buyers are making low downpayments and have less-than-stellar credit.
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