Wednesday, 8 June 2011

Proposal could shut many out of housing market

A home for sale in Clinton, N.J. Proposed rules that would toughen down payment requirements could shut many lower-income buyers out of the housing market, critics argue.Proposed rules sparked by the financial industry meltdown could have the effect of shutting may lower-income buyers out of the mortgage market, critics say.




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Source: http://pheedo.msnbc.msn.com/click.phdo?i=76ac7a5eb0d155650ea72edc8b478b32

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