Friday, October 7, 2011

Mortgage Reforms In sight

Here's an article talking about a new government program that will bring aid to many homeowners who are struggling with their mortgage payments.

http://www.reuters.com/article/2011/10/07/us-usa-economy-housing-idUSTRE78K34920111007
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1 comment:

  1. jackie100October 12, 2011 at 9:01 AM

    The new mortgage reforms will definitely have a significant impact on the housing market because many prospective homeowners will not be able to meet the stringent income to mortgage payment ratio of 28% and heftier down payments. As a result we will see more renters.

    Gmac Mortgage

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