How Mortgages Will Change This Year

by J. Marshall Pearson


During the housing boom, loans were easy to come by. After the housing bubble burst, the reaction was extremely opposite from banks: tighten all guidelines. Now, although the market has improved, it can still be a challenge for buyers to obtain a loan due to a variety of challenges. However, some government changes might be able to change that in the near future, or at least help ease the current challenges buyers have.

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