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Old 09-08-2023, 10:25 PM   #1661 (permalink)
Rusty
Ronin Samurai - Assassin
 
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Join Date: Dec 2011
Location: Fayettenam,Pennsyltucky
Age: 68
Posts: 35,222
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Talking

Quote:
Originally Posted by vtec to vvel View Post
https://www.cnn.com/2023/09/08/busin...out/index.html

"Have you run into difficulty getting a loan recently?"

1 of 2 things are happening with the aggressive rate hikes:

1. Getting flat-out denied.
2. Getting qualified/approved for much less than before but with a much higher cost to borrow.
Friend just closed on a house today. Took 2 months for the closing to happened. And he was pre-approved.
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