Amoxtli@thelemmy.club to Economy@lemmy.worldEnglish · 6 days agoJerome Powell quietly warned there'd be places in the US where you ‘can’t get a mortgage’ — and he’s not wrongfinance.yahoo.comexternal-linkmessage-square2fedilinkarrow-up127arrow-down13
arrow-up124arrow-down1external-linkJerome Powell quietly warned there'd be places in the US where you ‘can’t get a mortgage’ — and he’s not wrongfinance.yahoo.comAmoxtli@thelemmy.club to Economy@lemmy.worldEnglish · 6 days agomessage-square2fedilink
minus-squareBuelldozerAlinkfedilinkarrow-up1·6 days agoAffording the mortgage is one barrier but if someone can’t get or stay insured then they can’t carry a mortgage no matter how well their personal math works out. That’s the problem that Mr. Powell was talking about.
Affording the mortgage is one barrier but if someone can’t get or stay insured then they can’t carry a mortgage no matter how well their personal math works out. That’s the problem that Mr. Powell was talking about.