Home Buyers Turn to Riskier Loans as Interest Rates Soar

October 17, 2022

NBC News, Oct. 15, 2022–Shannon Pettypiece
Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008 financial crisis, causing concern among some consumer advocates and industry analysts.
https://www.nbcnews.com/business/homebuyers-seek-riskier-loans-echoes-2008-housing-crisis-rcna51858