Dossier
98% mortgage
Coverage of 98% mortgage in the Nexus archive.
- Is it a smart move or reckless gamble to buy a home with a 98% mortgage?
The article discusses the potential risks and benefits of purchasing a home with a 98% mortgage, highlighting the debate between financial prudence and speculative risk. Such high loan-to-value ratios require minimal down payments but increase vulnerability to market fluctuations and default risks.