Check out this link to a very interesting video. Dan Green who puts together the website http://www.themortgagereports.com/ has put together a very helpful and basic video presentation explaining how mortgage guidelines can affect everyone in the real estate industry as well as anyone who has a mortgage. It explains in very common terms (stick figure drawings!) what is happening in the mortgage industry today. Interesting stuff for those of us in the real estate industry!
Link to video: http://www.wellcomemat.com/video/38BAC1820B
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