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Apr 4, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: The government has just made home buying (slightly) more expensive

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
The government has just made home buying (slightly) more expensive
Apr 4th 2012, 18:50

Americans are still wary about buying homes, as many remain strapped for cash and gun-shy after the market's recent meltdown. Banks, meanwhile, have tightened their lending requirements, so even those with enough money and great credit scores are having trouble getting loans. All this is holding back the housing market. And while the government has tried to help, it has also just made getting a new mortgage slightly more expensive for some potential buyers.

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