Report: Lenders snubbing low-end borrowers

People in the low- and middle-income bracket are increasingly struggling to obtain smaller mortgages, according to a report in the Wall Street Journal. The report says that “low-end borrowers” are seeing their mortgage applications denied at higher rates than those who apply for bigger loans, even though many of those borrowers have a similar credit

Read More »

RealtyBizNews: Real Estate Marketing & Beyond