The Mortgage Myth

A third of people think that it is harder for first home buyers to obtain a mortgage now than it was ten years ago - despite some fundamental changes in lending criteria amongst this country's lending institutions.

Thursday, July 4th 2002, 11:33AM

by The Landlord

According to a recent survey conducted on behalf of Mike Pero Mortgages, 34% of those polled think that it is harder for first home buyers to get a mortgage now than it was ten years ago. The survey also showed that 49% of people think that it is as easy for first home buyers to get a mortgage, while 17% did not know either way.
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