Rates, incentives make real estate a buyers' market
are the days of the so-called "liar loans," when people didn't have to prove their income. "They've turned around 180 degrees," Bulcock said. She says people need to have good credit, job stability, and a cash cushion— and she doesn't think that's a bad thing. In fact, she says lowering standards is what got us into the mortgage mess in the first place. "Just putting them into a position where they can't win. They get a month behind; the late fees stack up, and they can't catch up," ...
