Trajce Panov's Blogs

Guest Bloggers Are Welcome

Add Blog

Mortgage Rates Are Low But Rules Are Very Strict

By: Trajce Panov Home Loans Views: 3133 | Comments: 0 | Votes: 0

Trajce Panov

With interest rates near rock bottom and home prices down, this ought to be a great time to buy a home. But for most people, it's a lousy time to get a mortgage. Years after the collapse of the real-estate market and resulting financial crisis, it takes nearly pristine credit scores and hefty down payments to get the best rates. In the process, they shape how much it costs to borrow. More