Mortgage News

As a prospective home buyer, and especially one in Dallas, I'm very interested in all this "bubble burst" talk and how foreclosures are driving the (or were driving) the stock market fall that we saw a few weeks ago. Or rather, the stock market correction, depending on who's ear you've got.

But MSN.com's front page story today just makes me want to laugh.

"As some lenders collapse under the weight of bad mortgages, others are getting pickier. Now you have to have a real down payment -- and actually be able to afford the house."

I hope their being sarcastic ...