Tough times ahead for the housing market if all lenders match this type of overlay.
https://www.reuters.com/article/us-jp-morgan-mortgages-credit-exclusive-idUSKCN21T0VU
From Tuesday, customers applying for a new mortgage will need a credit score of at least 700, and will be required to make a down payment equal to 20% of the home’s value.
Submitted April 11, 2020 at 08:17PM by mar_kelp https://ift.tt/34ybIJg
