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Home Sales Would Rise 15-20 Percent With 720 FICO – NAR

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Lawrence Yun, chief economist for the National Association of Realtors® (NAR) said Thursday it might be time to “dial down the credit stringency.”  If the credit scores required for a mortgage returned to the more normal levels of about 720 for conventional loans and 660 for FHA loans, he said, home sales could be 15 […]

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