On the recordAugust 2, 2011
the 30-year mortgage would be less available. Mortgage credit would be less available, and the credit availability that you would be able to access would be at a significantly higher price.
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congress.govthe 30-year mortgage would be less available. Mortgage credit would be less available, and the credit availability that you would be able to access would be at a significantly higher price.
Reed discusses the impact of changing mortgage guarantees on credit availability.
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