Map showing the percentage of home buyers with dangerous loans
Uncategorized February 25th, 2009
Take a look at this map published by USA Today showing the percentage of home buyers across the country who took on dangerous mortgages (those borrowing more than 4 times their yearly income) and the difference between 2000 and 2007.
It will help you understand how bad the problem is and why we are not even close to a bottom.
Click on the map to take you to the USA Today article.
