Tuesday, August 14, 2007

Cost of buying home going up (Louisville Courier-Journal)

Finding a mortgage in the Louisville area is getting tougher, and more expensive. In the past week or so, mortgage brokers and bankers say lending standards have tightened dramatically, making it more difficult for those with patchy credit to buy a new home or take out an equity loan on their current residence.

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[Source: Yahoo! News Search Results for home equity loan]

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