Episodebeskrivelse
Over the past few weeks, Natalie Pace has been highlighting risks in mortgages. While those with a very low fixed rate feel secure, we're seeing signs of shenanigans in the fine print that could strip away that ultra low interest rate (which is too low for the banks to make money).
On the other side of the spectrum, some homeowners and income property investors are falling for interest-only loans and loan modifications that wipe out any opportunity for building up equity. In fact, a great number of loan mods put the homeowner severely underwater on their mortgage (where the loan is 25% or…
Website: nataliepace.substack.com
