Interest-merely mortgage brokers a good ticking day-bomb, alerts UBS

Interest-merely mortgage brokers a good ticking day-bomb, alerts UBS

Doing a 3rd out of borrowers having appeal-merely loans might not realize he’s all of them, UBS has warned inside the a sensational looking for from the questionnaire from recent consumers.

The worldwide financial support bank interviewed over 900 individuals who got removed mortgage brokers over the past seasons as an element of its lookup to your “liar financing”, and this receive to a 3rd men and women had considering wrong information regarding their software. Devam

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