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Tag Archives: conventional mortgages
The Housing Boom and Bust: Revised Edition by Thomas Sowell
Get the book here. People charged higher interest rates than average also have higher rates of payments, defaults and foreclosures. The market has accurately assessed the risks. (Pg. 6) From Pg. 16-17: While housing payments often made up more than … Continue reading
Posted in Economics, Real Estate, Thomas Sowell
Tagged boom and bust, conventional mortgages, lower mortgage, mortgage loan applicants, mortgage loan requirements, subprime mortgages
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