Is Family Mortgage Debt Out of Control?

By In Blog, Home Buyers/Sellers, Home Buyers/Sellers, Real Estate Blog, . . . On May 23, 2018


Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time.

These developments have caused concern that families might be reaching unsustainable levels of mortgage debt. Some are worried that we may be repeating a behavior that helped precipitate the housing crash ten years ago.

To read more, click here: https://www.keepingcurrentmatters.com/2018/04/19/is-family-mortgage-debt-out-of-control/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-broadcast&utm_content=Blog_Digest&utm_term=Post3&inf_contact_key=956ea01393ed144e331512f9556f4a17ad1bdab62544bd92c001e596f6c47094


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