Yahoo News!: “Biden to force good-credit home buyers to pay more for their mortgages to subsidize loans to higher-risk borrowers.” April 20, 2023 3:24 pm
Some consumers with variable-rate mortgages at Canada’s biggest banks are tacking unpaid interest onto their mortgage’s principal instead of paying the full amount each month. Others are paying interest only. 2008 flashbacks April 13, 2023 7:41 pm
40-Year Mortgage Boom for Banks is here. Federal Housing Administration greenlights 40-year mortgages. April 5, 2023 10:01 pm
Underwater mortgages are nowhere close to GFC levels. However, limited equity, i.e., less than 10% of equity in homes is rising. February 14, 2023 2:39 pm
Hundreds Of Thousands Of U.S. Homeowners Are Now Underwater On Their Mortgages As The Housing Crash Accelerates December 9, 2022 10:01 pmDecember 8, 2022 8:09 pm
U.S. government to backstop mortgages above $1 million for the first time (“Government can’t backstop shit – this means YOU, taxpayers!) November 29, 2022 9:51 pm
“Hey, there’s a bubble” – Zombie Debt: Homeowners face foreclosure on old mortgages November 18, 2022 6:18 pm
Polish taxpayers should fear the crisis created by mortgages denominated in Swiss Francs. November 15, 2022 8:07 am
Will mortgages hit 10%? As Question Time clip goes viral, brokers say average interest is around HALF that and it will ‘needlessly scare people’ October 4, 2022 2:56 pm
In the US, for instance, most buyers rely on fixed-rate home loans for as long as 30 years. Adjustable-rate mortgages represented, on average, about 7% of conventional loans in the past five years. By contrast, other nations commonly have loans fixed for as little as a year” September 20, 2022 2:48 pm
Meanwhile, the interest rate on US 30 year mortgages just hit 6.42%, an increase of 15% in 1 month, and 112% in 1 year. This is happening while real wages have been negative and households just lost $6.1 trillion in wealth in Q2 and Fed is planning to start selling $35 bn MBS per month September 20, 2022 10:36 pmSeptember 19, 2022 10:12 pm
NBC News: “Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers” September 2, 2022 10:42 pmSeptember 1, 2022 8:42 am
China: 950,000 homebuyers are refusing to pay mortgages totaling an est. USD $100 billion as construction stalled due to Evergrande bankruptcy July 23, 2022 2:20 pm
Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages July 14, 2022 1:14 pmJuly 14, 2022 9:05 am
Fear! Adjustable-rate 30Y Mortgages (ARMs) Are 130 Basis Points Lower Than 30Y Fixed-rate Mortgages, But ARMs Are Only 7.9% Of Mortgage Originations March 27, 2022 10:56 pm
US Mortgage Rates Jump To 4.2%, Spread Between Fixed-rate Mortgages And 5/1 Adjustable-rate Mortgages Now 133 Basis Points (Broken ARMs??) February 15, 2022 1:41 pm
