In particular, mortgage loans with high principal balances or high loan-to-value ratios will be affected by any decline in real estate values. Real estate values in any area of the country may be affected by several factors, including population trends, mortgage interest rates, and the economic...
The average weighted maturity of a 360 month mortgage is about 150 months… (a stat that shifts wildly back and forth based upon swings in interest rates, BTW.) 0-care THROTTLES the creation of mortgages consequent to a FIRST TIME home purchase. The players who would be...