Archive for the tag "lenders"
As our previous article makes clear, mortgage lenders are holding potential borrowers to a much higher standard than they have in recent years. The days of reckless abandon when mortgage lenders were handing our loans to just about anyone with a pulse are clearly gone. With a smaller number of buyers that qualify for loans [...]
With interest rates lower than they have been in years, many would-be home buyers are finding out that it’s often not easy to get into a new home with one of these new low-interest mortgages. The whole economic meltdown has lenders scrutinizing potential borrowers a lot more closely than in the past. I know from [...]