We?ve written quite a bit lately about the mess that the market is in ? from mortgage backed securities, CDOs, SIVs and in general malaise striking every bank across the country (and heck, even around the globe); but we haven?t given some practical advice in a long time. Well we?re changing that tonight.
Some people are still looking to buy a bargain and others are being forced to refinance. While it is my position that now is not the time to buy, if you are looking to do so here?s some guidance to get you through a drastically altered mortgage landscape.
Here are Blown Mortgage?s Top 10 Ways to Navigate the Credit Mess (whether you?re a home buyer or a refinancing owner). Sure there?s more than 10 ? but it?s a nice round number and should get you off to a good start.
1. Get multiple off
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