Quote:
Originally Posted by SleazyDream
wow, nice to finally hear Americans paying for their mortgages. I just got 3% here in Canada.... mind you I had more then 25% equity. and that was the BAD rate, if my credit was better I could have got 2.5%
|
Most Americans have always paid their mortgages and never filed bankrupsy. The number of defaults is not even close to the majority.
VA loans are only available to Veterans, which only make up 7% of the US population.