Nationally syndicated columnist Kenneth Harney argues that its not as difficult to get a mortgage as people think. Interest rates are lower now than they were in the summer and mortgage money is plentiful. However, Harney concedes that while money is mortgage money is plentiful, underwriting standards are stricter than they were a year ago, and some larger loans require two appraisals. Also, FICO score standards are higher than they were a year ago.
Not that it matters, but Kenneth Harney did not respond to my request for comments on my upcoming book, “Fix ’em Up, Rent ’em Out”.
Does Kenneth Harney have a busy schedule? Suuuure, he’s busy. How long does it take to write one or two columns a week? Maybe 2 or 3 hours, tops. How does he spend the rest of his day? Combing his hair in front of the mirror, taking naps, clipping his fingernails? One thing’s for sure, he doesn’t have time to write comments book for my book.
He probably doesn’t realize how busy my days are. It’s not easy spending all day jumping to conclusions and splitting infinitives, but somebody has to do it.
Not that it bothers me.
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