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Economy - Friday (Investor's Business Daily)

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Old 07-14-2008, 12:38 AM
Gurmastak Singh's Avatar
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Default Economy - Friday (Investor's Business Daily)

Investor's Business Daily - Nearly 70% of Americans, or every 2 in 3, who applied for a home mortgage found the process more difficult than before the U.S. housing crisis began, as lenders have made it tougher to get credit amid falling home prices, according to a survey by Deloitte. The survey said 65% seeking home equity lines of credit reported greater difficulty, as did 62% looking for personal loans.

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