Here ’s why it’s gotten so much harder to get a loan in the US

Cheryl Magnusson and her husband wanted to borrow money for a home renovation project earlier this year. They didn’t expect an arduous process. She said they always easily landed loans, including a mortgage in 2009 in the wake of the US housing crisis. At first, Magnusson, a teacher in Arizona who…#cherylmagnusson #arizona #usaa #federalreservebank #newyorks #rejections #deutschebank #gregmcbride #federalreserves #federalfundsrate

Source: Reuters: Health - September 22, 2023 Category: Consumer Health News Source Type: news