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re: ‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Posted on 5/9/24 at 11:04 am to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31460 posts
Posted on 5/9/24 at 11:04 am to
quote:

During the pandemic, government stimulus and rising property prices were a huge boon to homeowners, but higher interest rates meant to curb inflation may be finally be helping to cool the housing market.


Yeah, people went mental during the pandemic. People who didn't need to buy a new home suddenly decided they absolutely needed to buy a new home no matter the cost. There are tons of old threads on here with that exact situation.
This post was edited on 5/9/24 at 11:05 am
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