In the past two weeks, FHA has eased some of their lending standards and so have some of the big banks. The minimum FICO score has been lowered and some of the rules for “gifting” of money. Interest rates are currently pretty stable, but the trend is up. This will most likely allow many buyers to enter or re-enter the market and further stabilize OC home prices, especially for homes under $600,000. Need more info on the current lending trends or to get qualified for a loan? Contact Matt Frey with Banker’s Funding at 949.632.5682