Posts Tagged ‘mortgage payment’

Will the 30 Year Mortgage Disappear?

From: KCMblog.com
The federal government is reconsidering their involvement in the home mortgage process. They plan to still ‘guarantee’ certain mortgages. However, they appear to be redefining what they consider a ‘qualified purchaser’. They are discussing stricter lending guidelines in four different areas:
1) The type of mortgage
2) The minimum down payment
3) ...Read more.