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Anatomy of a Loan Approval
With rates low, should you get a new mortgage?
Aug. 06, 2010
By BILL WILSON The Wichita Eagle
The summer of 2010 will go down in banking history for its historically low mortgage rates. Not to mention the summer of surprise for many borrowers, who are discovering that tighter underwriting laws, declining property values and bad borrowing decisions can torpedo a chance to get in on the low rates.