We’re finally getting the housing market going again and now new Federal Regulations may make it even harder for buyers to obtain a mortgage.
Mortgage bankers and Realtors are warning that it could become even harder for borrowers to qualify for a home loan early next year as the industry faces a barrage of new rules.
Read more: Mortgage Lenders See Tighter Credit in Wake of New U.S. Rules
We’ll have to wait and see what impact this has on our fragile housing recovery.
Source: San Francisco Chronicle
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