
I am interested in buying some land but do not have fantastic credit. Is it simpler to get a loan now or should I wait a few years and hope the market comes back up?

I am interested in buying some land but do not have fantastic credit. Is it simpler to get a loan now or should I wait a few years and hope the market comes back up?
Breakdown by James Knightley of ING Financial Markets
Fannie Mae reported losses of $2.2 billion in the first quarter. The nation’s largest buyer of home loans said it would cut its dividend and raise $6 billion in new capital, with expectations that the housing slump will persist into next year. (May 6)