3 Reasons Homeowners Are In A Much Better Spot Than They Were During The 2008 Crash
Homeowners today are far more financially resilient than they were in 2008, thanks to fixed-rate loans, rising equity, and tighter lending standards. 1. 96% of U.S. Mortgage Debt Is Fixed Rate Homeowners aren’t exposed to the same interest rate risk that wrecked many in 2008. When rates spiked in the mid-2000s, many borrowers had adjustable-rate […]
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