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Loan Modification

: Mortgage Lender Implode-o-Meter

Nordic Economies Risk Housing Market Collapse

By Implode-Explode Heavy Industries

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"Swedish real estate may fall as the 20 percent of borrowers with the biggest debts struggle with burdens as much as 46 times their disposable incomes, says Royal Bank of Scotland Plc. Norway?s central bank says low interest rates risk overheating its lending and property markets, while euro-member Finland says a bubble may be forming in its housing market."

Full post as published by Mortgage Lender Implode-o-Meter on August 19, 2010 (boomark / email).

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