Wednesday, April 01, 2020
The coronavirus crisis is already causing pressure on the housing industry that experts say could have an immediate impact on some consumers. According to mortgage broker Al Bingham, if you are in the market for a new home, you will need a top-notch credit score to get the best rates. ... He said many lenders are nervous about the uncertainty and borrowers with less than perfect credit are going to have to pay a premium to get a mortgage. "Some consumers are going to be priced out of the market."
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