This is an article about buyers and their need to still have a good credit score to buy a home. There are a lot of programs out there for 1st time buyers but it still requires them to have a great credit score as well as 20% down. Bad news is that it hurts some buyers who want a home but don't have the down payment. Good news is that banks will no longer be giving loans to anyone and in the long run it will help the overall market and there should be plenty of money for those that watch their credit.
Terry Manos
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