A Look At Mortgage Rates And Credit | WAMU 88.5 - American University Radio
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A Look At Mortgage Rates And Credit

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Guy Raz interviews UCLA finance professor Stuart Gabriel. Gabriel talks about how fixed mortgage interest rates have hit a historic low, but it's harder for homeowners to qualify. He says credit is cheap and tight — two things we never used to see. He explains what has happened to cause interest rates to plunge while underwriting has tightened.
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