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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Another sign that housing continues to turn around is that banks are starting to loosen credit standards in 2012.  Since the banks currently have money available to lend they are looking at lowering certain standards like credit levels from around 750 to 720 and perhaps lower.  They are also looking to lower their loan to value ratios which will help buyers afford a bit more with less of a down payment.  Read more below.

Housing Crisis to End in 2012 as Banks Loosen Credit Standards.

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