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Sunday, March 9, 2008. Rise of the 100 Mortgage Product. The latest trend in the mortgage market has been an increase in the number of borrowers taking out a 100 mortgage. This means that the loan-to-value ratio of the mortgage is 100 rather than the 85 or less normally attached to more traditional mortgage products. While there are obvious benefits to a 100 mortgage, there are also disadvantages. In addition to negative equity, 100 mortgages have other disadvantages such as hefty fees and high int.CONTENT
This web page donong97827.blogspot.com states the following, "Sunday, March 9, 2008." We saw that the webpage said " Rise of the 100 Mortgage Product." It also said " The latest trend in the mortgage market has been an increase in the number of borrowers taking out a 100 mortgage. This means that the loan-to-value ratio of the mortgage is 100 rather than the 85 or less normally attached to more traditional mortgage products. While there are obvious benefits to a 100 mortgage, there are also disadvantages. In addition to negative equity, 100 mortgages have other disadvantages such as hefty fees and high int."