No? By that logic you sell a dollar for 103c and that's not enough to quench your greed.
Obviously both statements are gross oversimplifications. But I could not help myself and let that slide just like that.
Obviously both statements are gross oversimplifications. But I could not help myself and let that slide just like that.
If you're offering even 25 year 75% LTV mortgages at such a low interest rate it's $1.07 future money you're going bankrupt. And these days people are taking 30 year, 95% LTV or even asking for 40 year 100% LTV which is fully batshit.