4 ms·
There would absolutely still be mortgage lenders without artificially low federal funds. I manage a fund in Canada that does exactly that. We have a pool of in
by richjdsmith 4y ago
There would absolutely still be mortgage lenders without artificially low federal funds.
I manage a fund in Canada that does exactly that. We have a pool of investors, and lend out on mortgages only. Primarily in markets larger institutions won’t touch.
- JumpCrisscross 4y ago> would absolutely still be mortgage lenders without artificially low federal funds 30-year fixed-rate mortgages for middle earners are a policy creation, not a natural market creature.
- liketochill 4y ago30 year fixed rate mortgages aren’t available in Canada. Most have the interest rate adjusted every 3-5 years
- deleted 4y ago[deleted]