Karen Simspon-Hankins is our resident mortgage expert. She recently hooked up with Academy Mortgage, the largest independent mortgage bank in the country. There are big changes coming to the mortgage market compliments of Dodd-Frank. It looks like the old 20 percent down payment will be coming back shortly. This means big changes and lower prices for the real estate market. Not many people are aware of the impending impact that will happen shortly after the first of the year, but you should be. It’s going to be major.
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