David Reecher: Just how tight is Mortgage Credit?

 David Reecher represents eXp Realty, which is the fastest growing broker in the history of the world. He helps clients sell their luxury homes for top dollar. David Reecher shares that the availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the misconception of what is required for a down payment to purchase a home in today’s market.