Further Easing of Mortgage Credit Standards on the Horizon!
Mortgage Lenders continue to report that they have eased and expect to continue easing their credit standards, according to Fannie Mae’s fourth quarter 2015 Mortgage Lender Sentiment Survey. This is a consistent trend from throughout 2015 and it is felt that thoughtful easing of credit standards will improve homeownership affordablity throughout 2016. Thus continuing to improve the housing market and promoting homeownership.
