Lost in the shuffle of the resurgence of the real estate market through most of the United States is the fact that standards for home loans have loosened up considerably. While most of the focus has been on the rebounding of home prices, analysts point out that underwriting requirements have become considerably more reasonable in the last several years.
While inventory reminds tight and soaring prices in metro areas such as San Francisco may make buying a new home difficult for many middle-class citizens, it is worth it to contact a reputable mortgage broker to determine just what is affordable.
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