Property News · August 15, 2017

US mortgage lenders make it easier for home purchases as prices rise


Home prices are rising across the country and mortgage rates, though still historically low, are up since the presidential election.
Simply put, buying a home isn’t easy, especially in high-cost metropolitan areas.
But changes in the mortgage industry are afoot, with the goal of loosening some of the strict standards established after the subprime crisis – rules some blame for impeding sales.
“The reality has sunk in that there are buyers out there who will be able to buy…

Source : South China Morning Post
Read more…US mortgage lenders make it easier for home purchases as prices rise

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