Adjustable rate mortgage payments combined with decreasing home equity and tighter mortgage lending guidelines has triggered a severe credit crunch and all but wiped out the subprime market nationwide. (bdnationwidemortgage.com)
Have you read or heard reports about tougher mortgage lending guidelines? (totalmortgage.com)
Sales were up strongly from the 15th day of the month onward as well, despite the new federal mortgage lending guidelines coming into effect that require at least a 10 per cent down payment on the portion of purchase prices between $ 500,000 and $ 1,000,000,» said Mr. McLean. (hiva.ca)