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How Mortgages Will Change This Year

by J. Marshall Pearson

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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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