2014-03-21cnn.com

``But this time around, the loans are much more costly. During the housing bubble, lenders were handing out subprime loans with cheap teaser rates and little or no down payments. Now, lenders are charging interest rates of as high as 8% to 10% and requiring borrowers to make down payments of as much as 25%-35%. ''



Comments: Be the first to add a comment

add a comment | go to forum thread