[sickoflibs]

RE :”Rock-bottom borrowing costs are helping borrowers with pristine credit to buy and those who still have equity in their homes to refinance. But high unemployment and foreclosures remain major hurdles, and worries that prices could dip further are also keeping many potential buyers on the sidelines”

Yet Obama is out there bragging about his Obama economic boom:
Hoping to lift sagging confidence in President Barack Obama’s economic leadership, the White House will make the case on Wednesday that his policies are creating jobs and spurring private investment.

[Rational Thought]

Rock-bottom borrowing costs are helping borrowers with pristine credit to buy and those who still have equity in their homes to refinance.

That caught my eye as well as fewer and fewer borrowers are even eligible for financing.