Reuters - higher costs of borrowing are on the way. This article explains a few of the options being discussed. Remember Kirk Nace told us long ago that we would return to 20% or more down payments becoming the norm. Will this prove to be yet another issue he accurately predicted well in advance?
Click on the title above or the link below to review the entire Reuters article.
http://www.reuters.com/article/2011/02/04/us-usa-housing-mortgages-idUKTRE7136K120110204
