BankThink The new FHFA credit score rules will make buying a home harder

Buying a home is never easy. The FHFA's proposed rule allowing lenders to look at fewer consumer credit reports will make it unnecessarily harder for many Americans, write Kevin B. Kimble and Thaddaus Dawson.

Buying a home is never easy. It’s expensive, confusing and loaded with paperwork under the best circumstances. It’s even harder these days when the average price of a home is over $400,000 in the U.S., and higher interest rates are making homes that much more expensive.

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