My wife and I bought a house this summer, so I thought I would ask my mortgage guy how things were going for him, whether people were buying or too scared, and if I could get the same loan if I showed up today. This is what he said:

Oddly enough even though the media would have you think differently you still can get a low down payment loan at a pretty good rate. The smaller banks, like mine seem to be doing OK. It just takes a little more thought of how to structure the loans. It is a very scary time because of the unknown, but all in all well.

Does this reflect your area or understanding? I wonder if people are too scared to apply for loans they could probably get. If so, I’m sure this fear is a factor in the election.