Where I live, 100% LTV mortgages are not common, and prices have been rising for... | Hacker News

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frobozz on Oct 30, 2019 | parent | context | favorite | on: Nokia’s collapse turned a sleepy town in Finland i...

Where I live, 100% LTV mortgages are not common, and prices have been rising for years.

Someone who took out a 100% LTV mortgage ten years ago and only paid the interest would now own about 30% of the equity.

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