FHA Rule Changes for Home Borrowers
F.H.A. Rule Changes for Mortgage Borrowers: NY Times 11/25 reports.
"Home buyers with sketchy credit who are unable to qualify for conventional mortgages may now find it more costly and difficult to obtain loans insured by the Federal Housing Administration."
So my 2 cents - in the short term this may hurt, in the long run this is essential. We can not tolerate the reckless banking practices that got us into this mess.
"Home buyers with sketchy credit who are unable to qualify for conventional mortgages may now find it more costly and difficult to obtain loans insured by the Federal Housing Administration."
So my 2 cents - in the short term this may hurt, in the long run this is essential. We can not tolerate the reckless banking practices that got us into this mess.
Warwick NY real estate
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