Wednesday, June 2, 2010

Mortgage lending has changed

By Robyn Davis Sekula

It would seem that this is an ideal time to buy a home. There's plenty of inventory, and many sellers are willing to deal - especially if their home has been on the market for quite a while.

However, lending terms have changed - DRASTICALLY. Here's a great overview of the six ways that lending has changed for mortgages on It's recommended reading for anyone who is thinking of buying a home.

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