Rate Mortgage Mortgage Lenders Win Postponement of European Home-Loan Rules (Bloomberg.com) by Mortage

Tue, 22 Apr 2008 07:00:06 -0600

Rate Mortgage Mortgage Lenders Win Postponement of European Home-Loan Rules (Bloomberg.com)

by Mortage @ Tue, 22 Apr 2008 07:00:06 -0600

Dec. 18 (Bloomberg) -- European mortgage lenders won a delay of new marketing and refinancing rules after European regulators said further time is required to assess the market. When you're on the look out for a new home, you need cash. A lot of it. Most homes today have down payments that are more than what the buyer can afford right then and there. The solution for this? A mortgage.


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