Posts Tagged ‘loans’

Will the 30 Year Mortgage Disappear?

Posted by admin | Filed under Uncategorized | Oct 27, 2011 | Tags: , | No Comments

The federal government is reconsidering their involvement in the home mortgage process. They plan to still ‘guarantee’ certain mortgages. However, they appear to be redefining what they consider a ‘qualified purchaser’. They are discussing stricter lending guidelines in four different areas:
1) The type of mortgage
2) The minimum down payment
3) ...Read more.

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