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Falling home values can lead to a new mortgage prison. Here’s how to escape
Nicole Pedersen-McKinnon says falling prices and rising rate talk could push borrowers above 80% loan-to-value ratios and block refinancing.
Summary by Sydney Morning Herald
4 Articles
4 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
Falling home values can lead to a new mortgage prison. Here’s how to escape
The race to refinance is on as homeowners face the prospect of a fresh home loan trap.
·North Sydney, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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