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Your Mortgage Application Is More Likely to Get Approved Now, New Data Shows
MoneyWise, Jun. 16, 2021–Nancy Sarnoff
Mortgage lenders are relaxing their credit standards in hopes of appealing to qualified borrowers, the Mortgage Bankers Association said. Lenders tightened their requirements when the pandemic hit, but they’ve been taking a more relaxed approach since last fall.
https://moneywise.com/news/mortgages/mortgage-credit-hits-pre-pandemic-high-as-rates-remain-near-historic-lows