It’s Becoming Harder to Refinance Your Mortgage. Here’s What Lenders Say Will Get You Approved
Money, Apr. 20. 2020–Martha C. White
The Mortgage Bankers Association says that the supply of available mortgage credit fell 16 percent in March, reaching the lowest level it has been since June of 2015. The organization says lenders are changing their credit criteria in anticipation of a wave of forbearance requests, delinquencies and defaults.