Remember the 2008 financial crisis, when a ton of lenders gave a ton of confiscatory and adjustable-rate home loans to borrowers who couldn’t possibly afford to pay them back, and then the borrowers ran out of money and everything collapsed and there was a disastrous recession?
Because I remember.
X Post Loading… Real estate marketplace Zillow has launched a new program to help people who want to buy homes but are being squeezed out of the market by a surge in interest rates. Zillow Home Loans is offering mortgages with a 1% down payment option for eligible homebuyers looking to own […]
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