The concept of a mortgaged home is illustrated by a dollar sign overlaid
by a yellow house with a red chimney. As home values have declined
in recent years, second mortgages have become less available to "underwater" homeowners.
Mortgage News Articles
- Mortgage applications on the decline
Michael Fratantoni, Senior Vice President of Mortgage Bankers Association discusses why borrowing has slowed down because of interest rates that continue to rise.
CNBC. Wed, 21 Feb 2018 13:15 GMT.
- Reserve Bank warns on interest-only mortgage timebomb
The Reserve Bank is warning that a wave of interest-only mortgages sold when standards were more lax, and which are due to expire in the next four years, may put borrowers into financial stress.
Stephen Letts. Australian Broadcasting Corporation. Tue, 20 Feb 2018 13:12:02 +1100.
- Mortgages get more expensive as rates hit near 4-year peak
The cost of borrowing for a home keeps going up, a potential obstacle to would-be buyers at a time when home prices are at all-time highs in more than half of major U.S. markets. Average long-term mortgage ...
Yahoo. Thu, 15 Feb 2018 19:12:03 -0500.
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Mortgaged House Picture