News@lemmy.world · 1 year ago

A 30-Year Trap: The Problem With America’s Weird Mortgages

www.nytimes.com

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147

A 30-Year Trap: The Problem With America’s Weird Mortgages

www.nytimes.com

StrawberryPigtails@lemmy.sdf.org to

News@lemmy.world · 1 year ago

101

One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.

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grue@lemmy.world
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1 year ago
I’m pretty sure mortgages with early payoff fees are not the norm here in the US.
- calypsopub@lemmy.world
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  1 year ago
  They are not.
- CmdrShepard@lemmy.one
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  1 year ago
  Pretty sure those were outlawed after the 2008 recession.

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