As prices rise, mortgage loans often easier to get with low down payments

As prices rise, mortgage loans often easier to get with low down payments

Home prices are rising across the country and mortgage rates, though still historically low, are up since the presidential election. Simply put, buying a home isn’t easy, especially in high-cost metropolitan areas. But changes in the mortgage industry are afoot, with the goal of loosening some of the strict standards established after the subprime crisis — rules some blame for impeding sales.