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Tight Mortgage Standards Lock Out Buyers With Good Credit as Home Sales Hit 31-Year Low

A new Pew study finds that post-crisis lending rules now require near-perfect credit, shutting out millions of otherwise qualified buyers as existing home sales fall for a third straight month.

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A new Pew study finds that post-crisis lending rules now require near-perfect credit, shutting out millions of otherwise qualified buyers as existing home sales fall for a third straight month.

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