Lately everyone has heard all kinds of negative news about the mortgage industry.  It is true that there have been changes to many mortgage programs, however there are still great options in the mortgage market.  FHA, VA and Conventional loans are still out there and still continue to be the types of programs that are used most for consumers obtaining new mortgages.  Most of the changes have occurred in the sub-prime or alt-a mortgage programs, which are non-traditional programs that are designed for niche borrowers.  There are still numerous options out there for borrower's to utilize.  So if you were waiting until it all blows over, there is no need to wait.  You can purchase or refinance right now while rates are still attractive.  Apply today!