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Friday, September 30, 2011

Starting tomorrow, big mortgages harder to get and more expensive

Starting tomorrow, big mortgages harder to get and more expensive Starting Oct. 1, the beleaguered housing market will confront the latest hurdle to its recovery: The size of mortgages that the federal government can back will be drastically reduced in high-priced regions. When the bubble burst, mortgage banks had ... Starting tomorrow, big mortgages harder to get and more expensive

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