Phoenix chalks up another point over California as easier place to get mortgages

QualifyingForAMortgage_approvedBy Eric Jay Toll | Phoenix Business Journal

This is not a good week for California economic developers.

In addition to bad press and a torpedoed effort to solve its housing crisis, CNBC has a report saying Californians in burgeoning high tech markets have the hardest time trying to qualify for a mortgage.

No wonder companies are starting to plant new offices and expansions in Arizona.

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