Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): It’s Harder to Get a Mortgage, but That’s a Good Thing

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Yes, it will be harder to qualify for a home. New limits will make real estate and banking boring again. After years of excitement, we should welcome boring, but profitable, banking and real estate sectors with open arms — even at the cost of tighter lending policies.

The article It’s Harder to Get a Mortgage, but That’s a Good Thing originally appeared on Fool.com and is written by Jordan Wathen.

Fool contributor Jordan Wathen has no position in any stocks mentioned. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America and JPMorgan Chase.

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