802 Lake Street
Bristol, NH 03222
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Newfound Properties 802 Lake Street Bristol, NH 03222
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Mon, 25 Sep 2017 20:20:56 UTC
- Current Weather Conditions In Bristol, NH (03222)
Fair, and 87 ° F. For more details?

Mon, 25 Sep 2017 20:20:56 UTC
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Mon, 25 Sep 2017 20:20:56 UTC
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Realty News:
Mon, 25 Sep 2017 16:38:05 GMT
- Competition Lowers Credit Standards and Profit Expectations

Posted To: MND NewsWire

Since the fourth quarter of 2016, lenders have increasingly reported to Fannie Mae that they have been loosening their home mortgage credit standards. The company's third quarter 2017 Mortgage Lender Sentiment Survey has those responses at a survey high. Fannie Mae attributes the apparent easing in part to increased competition. Across all loan types - GSE Eligible, Non-GSE Eligible, and Government - the net share of lenders who reported easing rather than tightening credit standards over the prior three months was up, ranging from a net of 12 percent for government loans to 25 percent for GSE eligible loans. Very few lenders said they were tightening standards - between 1 and 3 percent across loan types. When asked about their intentions for the next three months there were similar responses...(read more)

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