If you’re planning to buy a condo or refinancing your condo you might sense the mortgage credit and mortgage refinancing squeeze. Due to the results of the huge investors like Fannie Mae and Freddie Mac including the new stiffer restrictions by mortgage insurers for condos, being able to refinance your condos mortgage seems to be tougher than one might have thought. Starting May 1st one of the biggest private mortgage insurers will not cover refinancing condos or new buyers of condos in countless ZIP code areas around the country that have seen a “decline” in mortgage credit and …

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