USA TODAY: The home mortgage market improved last quarter as demand increased and many banks eased their lending standards for the most creditworthy borrowers, the Federal Reserve said Monday.
Banks also loosened lending criteria for a variety of other consumer and business loans as the economy improved and demand picked up…
The developments could foreshadow a turnaround in the housing market, which has slowed this year amid last year’s increases in mortgage rates and higher home prices… (more)
