Mortgage Credit Likely to Expand
Recent announcements from government agencies involved in the mortgage industry indicate that mortgage credit is likely to expand soon. Among other imminent changes are lower down payment requirements which would result in a huge boost for the first time homebuyer market.
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Easing Mortgage Standards
Mortgage standards appear to be loosening in what will be a critical factor in aiding the housing recovery. After a period of tight standards in the wake of the housing
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