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Creative financing options reshape the mortgage landscape
An editor's note surveys rising housing costs and double digit rates, outlining new mortgage forms left of center. Adjustable rate mortgages, graduated payment plans, and wraparound deals attract buyers facing high traditional loan costs, with experts noting potential savings yet emphasizing risk and eligibility limits.
MENTIONED IN THIS ARTICLE
May
Department of Housing and Urban Development
United States
Rollin Barnard
U.S. League of Savings Associations
Barnard
Midland Federal Savings of Denver
Veterans Administration
Federal Housing Administration
Bank
Savings and Loan Association
FHA
Ken Kerin
The
National Association of Realtors