This is a great article that will explain some of what is going on, and why. It is interesting that many of the same folks who complain about the banks lending to marginal borrowers were leading the charge that led to them doing it in the first place. C’est la vie, I suppose!
The truth is that right now is a GREAT time to get a mortgage! Just not if you are a deadbeat with no money.
Posted In: NC Real Estate
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