The Mudcat Café TM
Thread #104130   Message #2153391
Posted By: Becca72
20-Sep-07 - 09:36 AM
Thread Name: BS: Fed Rate Cut
Subject: RE: BS: Fed Rate Cut
I guess my only comment is about the bar being "raised" on who qualifies for a mortgage. It's not being "raised" per se, but rather is being brought back up to where it was, say, 5 or 6 years ago after being lowered enough so pretty much anyone with an inkling to could buy a house.