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So in part folks playing financial wizardry with mortgages to get people to buy homes that they wouldn’t otherwise afford or be willing to buy. What could possi
by JCM9 4y ago
So in part folks playing financial wizardry with mortgages to get people to buy homes that they wouldn’t otherwise afford or be willing to buy. What could possibly go wrong?
- ceejayoz 4y agoIt's described as financial wizardry, but isn't it the same thing we've had for decades? Mortgage/discount points? Pay a little extra in exchange for a lower interest rate. https://en.wikipedia.org/wiki/Discount_points https://en.wikipedia.org/wiki/Discount_points