Our home values are over inflated and millions are refinancing to cash out this new value. When home prices stabilize – millions will be upside-down, again. Disaster.
all signs point to another disastrous mortgage crash. Photo from www.freddiemac.com/research/insight/20211029-refinance-trends
Some would say the increase in home values is manipulated as part of the Build Back Better reset – if we are upside-down we are trapped.