Recent changes will come in to affect March 18 2011. The changes are amortization period capped at 30 years changed from 35, reduction of government backing for home equity lines of credit and maximum refinancing reduced to 85% from 90%. These changes will affect most home owners and new buyers. For all your real estate needs call: Cathy Burgess Century 21 Carrie.com 987-2100.
Posted by Cathy Burgess
on January 31, 2011