How Will the Government Shutdown Affect People Applying for Mortgages?

CBS MoneyWatch, October 1-Mary Cunningham, Alain Sherter
Americans worried that the U.S. government shutdown could derail their plans to take out a mortgage or refinance their home loan can breathe easy — mostly. Housing experts says lenders will continue processing mortgages as usual even if federal agencies close shop, while noting that a shutdown could lead to hitches for borrowers applying for government-backed loans.
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