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[9 Jul 2011 | One Comment | 2,462 views]
Keep an eye on that credit

It’s no secret – getting a mortgage these days is a bit tougher than it was in the not too distant past.
We should all be aware of the reasons for tighter lending requirements by now – relaxed standards led to a number of risky, subprime mortgages hitting the market resulting in a slew of foreclosures. The response to those foreclosures involved a number of reforms generated by both the financial industry and the government.
The end result, of course, is that good credit is as important now as it ever has …