If that number starts to spike, that is a red flag.
Property values have appreciated to the point where homeowners have flexibility and there's a way out. Lenders are more flexible because there's more equity.
The variable rate mortgages increased house payments by as much as 50 percent for some people.
When you couple the higher bills that people with adjustable loans saw with the higher-than-expected energy costs, you see a lot of homeowners stretched beyond the point where they could make their payments.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.