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Last Checked Oct. 10, 2022

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Thu Oct 06 22:12:44 +0000 2022

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Wall Street Silver @WallStreetSilv

A large portion of mortgages are adjustable rates. They start adjusting to the new higher rates in January 2023. We will see mortgage payments exceeding 50% of income for many UK home owners in 2023. Adding in high energy bills, this soon equals a huge wave of mortgage defaults. https://t.co/luKkHu3wWe — PolitiTweet.org

Posted Oct. 6, 2022