Weigh creative home financing "This is the time to get creative" It's not easy to sell your home these days, but it's not all that easy to buy, either. via Seattle Post-Intelligencer read
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Rising rates have lead to lose underwriting Soaring housing prices and aggressive mortgage lending have saddled home buyers with ever greater levels of debt, and early signs are now emerging that more people are unable to keep
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Bad mortgage selection has become a major problem with the explosion in the volume of complicated interest-only mortgages and option adjustable-rate mortgages. These instruments have often been marketed deceptively to borrowers who don’t understand them and are not prepared for the risks.
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