Tag: mortgage history
2008: Reliving the dark days, ten years after the real estate and mortgage collapse (part 2)
It’s now 2018, exactly ten years since 2008, which was a seminal time in the world of any real estate agent, lender, or homeowner – and not for a positive reason; 2008 was when we saw the housing market implode. Over the ensuing months and years, we saw not only the mortgage, real estate, and […]
Historically low interest rates? We go all the way back to the start of civilization to find out
You’ll often hear the term “Historically-low interest rates” tossed around in news reports, real estate advertisements, and yes, even mortgage blogs. But the supposed historical data on mortgage interest rates usually doesn’t go back any further than the early 1970s, and sometimes only to the 1990s. How is that ‘historical?’ So we decided to buck […]
A timeline of the mortgage history in the U.S.
Most homeowners have a mortgage, but few every wonder where they came from. In fact, this lending product that allows someone to buy a home while putting down only a small percentage of the purchase price has been around for a really long time! The word ‘mortgage’ itself brings us back through history. The etimology […]