It's not subprime, it's negative amortization and ARMs
And the very same thing is about to happen in our little corner of the world. BTW, I believe an Adjustable Rate Mortgage in the US is equivalent to a Variable Rate Mortgage over here.
And the very same thing is about to happen in our little corner of the world. BTW, I believe an Adjustable Rate Mortgage in the US is equivalent to a Variable Rate Mortgage over here.