December 2, 2009
When buying a home one very important component of the decision making process for most people is the mortgage rate. Lower rates mean you can afford more house for your money. As rates increase, typically home buyers must scale back their expectations and settle for less size and/or amenities in their home. Some home buyers [...]
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November 23, 2009
To say that things have changed in the mortgage business would be a huge understatement. Qualifying is more challenging, down payment requirements have changed, and sources of income that once were allowed now are not. The rules have changed and it seems new guidelines continue to be put in place almost every month.
Because of new [...]
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