Banking expert tackles consumer questions about housing

10:21 AM, Apr 28, 2012   |    comments
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ST. LOUIS (KSDK) - Should you buy a house right now? That's always a big question for prospective home buyers in our current economy. Dennis Terry, President and CEO of Clover Leaf Bank, answers consumer questions such as:

 -Is now a good time to buy?

-Are mortgage rates expected to stay low?

-Is it still tough to qualify for a loan?

-Besides a good credit score, what do banks look for?

-What if you have less than perfect credit?