Last weekend there may have been a very quiet turning point in the Real Estate and Mortgage situation. I have always said that there is a pendulum that swings both ways. For a while the rules relax until it goes too far. We have seen the latest results of that. Then it goes back the other way. The rules just tighten and tighten. Maybe we got close to the end of that last week. That is when we saw a little relaxing of the PMI rules for loan approval of high LTV loans. We can hope any way.
There is 30 days left before you have to have a contract accepted if you want to qualify for the tax credits. No pressure!
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