My house is my house

[AVGWarhawk]

Getting a mortgage right now is rough... really rough. Simply put the banks arent lending because the rates are so low and the margins suck.

It is more so that the banks want to lend however the insurers of the loan want the banks to keep the amount loaned on hand in case the loan is defaulted on by a high risk customer. By doing this the bank can not make money. Hence loans are very hard to obtain if you are considered a high risk. It is more important then ever to keep your credit clean.