Rick Sharga
Rick Sharga
beyond bills couple energy higher loans people point saw stretched
When you couple the higher bills that people with adjustable loans saw with the higher-than-expected energy costs, you see a lot of homeowners stretched beyond the point where they could make their payments.
flexible point property values
Property values have appreciated to the point where homeowners have flexibility and there's a way out. Lenders are more flexible because there's more equity.
number red starts
If that number starts to spike, that is a red flag.
house increased percent rate variable
The variable rate mortgages increased house payments by as much as 50 percent for some people.