Getting mortgage is tougher… but worth it!
For worthy borrowers seeking to take advantage of today’s low interest rates and relatively low home prices, having to jump through hoops that home buyers just a few years ago didn’t have to can seem very unfair.
On the other hand, home affordability numbers are better than they have been in decades. So yes it’s a great time to buy; and, these tighter restrictions should go a long way in reducing the number of foreclosures in the years ahead.
May the market be with you.
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