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Mortgage Guidelines Resume Tightening Nationwide

by Jon Terry | May 3, 2012 | Blog, Buying A Home, Mortgage Guidelines, Mortgage Rates, Mortgages

Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.  Last quarter, by a margin of 3-to-2, more banks tightened residential mortgage lending standards for “prime borrowers” than did loosen...

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