Low Mortgage Rates a Mirage as Fees Climb, Eligibility Tightens (Bloomberg)
February 27th, 2009
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Feb. 27 (Bloomberg) — Brian Wickert , a mortgage banker in Butler, Wisconsin, prides himself on screening applicants carefully. That’s why he was stunned when a customer who sailed through four home loans tried to do a refinancing in January, only to be rejected by three national lenders.
