Thursday, January 31, 2008

Is Your Mortgage at Risk?

Recently, the FSA launched a report suggesting upto a million homeowners could be at risk of repossession. They said the mortgages most at risk were mortgages whichwere more than 3.5 times incomeMortgage over a longer period than 25 yearsInterest only mortgages.Mortgages more than 90% of LTVOn these criteria, I should start worrying as the first [...]

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[Source: Mortgage Blog]

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