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Banks Stand Between Borrowers and Low Rates
Low mortgage rates draw buyers, but banks throw up roadblocks
July 22, 2010
By TOLUSE OLORUNNIPA The Miami Herald
MIAMI -- David Kosowski has a full-time job, a sky-high credit score, a solid debt-to-income ratio and enough cash stashed away to put a 20 percent down payment on the three-bedroom, two-bath home he's had his eye on since spring.
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