Mortgages and finance news: I am sincerely happy to publish my first post on this blog safe and confident that I can put my experience in credit available to all those who are at this time to address such an important step like buying a new home.
The international markets are in turmoil at this time, the United States shouting to the world their concern in the mortgage market and would like the whole world to share it as always their problem but fortunately it is not like that or better this time because it is not so Our country has a policy of granting the loan for buying a first home is completely different from the American one. Our banks, first of all analyze the profitability of customers who ask for a loan and in the value of the second order, here in the United States, exactly the opposite has been granted too many loans to parties to default risk based only on the value of the property.
I do not believe to be wrong too when I say that our banking system is much more protected than the American from hazards due to insolvency.
my care in the next post will indicate what are the criteria that every family should consider before choosing a mortgage because each family has different needs from the other and to base this important decision solely on the rate or on the spread seems very risky.
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