7 Mortgage Myths That Still Befuddle Borrowers » Mortgage Masters Group

Age is a significant barrier for many potential borrowers, as detailed in this interesting article about mortgage choices for older people by Chiara Cavaglieri in the Independent. The recent global economic difficulties have had far reaching effects and one is a list of stricter rules and regulations surrounding mortgages.

And you need to embrace as well some heroic assumptions that lead to a budget deficit of just $7 billion three years from now. that major structural reform was on the back burner. But still,

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. but there are still plenty of people out there willing to drop five to six figures for. There are also plenty of mortgage myths that cause people to lose. Pak, a certified financial planner and founder of Otium Advisory Group in Los Angeles.. “The borrower had to state that they were unemployed, and the.

The Fed engineered artificially low rates that allowed subprime credit borrowers to get cheap mortgages for houses. which they did by investing in riskier bonds and mortgage-backed securities. So,