Morning Minute: Homebuying could get easier as banks slightly ease lending standards

Tight lending standards have kept some potential homebuyers out of the market, but there are signs that banks may make it a little easier to qualify for a mortgage. More banks are showing a willingness to consider lower credit scores and smaller down payments when it come to mortgage qualifications, reports REALTOR® Magazine (via USA Today).

In other headlines:

A break for housing tax breaks? – Daily Herald

Nearly 50% Of All Home Sales Now Cash, As Institutional Investor Activity Hits New High – Forbes

FHA Commissioner: Government should act as backstop to private capital – HousingWire

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