New Data: Mortgage Loans Are Getting Increasingly Harder To Come By

New Data: Mortgage Loans Are Getting Increasingly Harder To Come By

Mortgage loans haven’t been this hard to come by in over five years, according to new data.

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A mortgage loan hasn’t been this hard to come by in over five years. And loans for low-credit or high-balance borrowers? Those are even rarer.

According to the latest data from the Mortgage Bankers Association, overall mortgage availability fell 12.2% in April alone. It’s now at its lowest…

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