Video: Day of reckoning for mortgages

Homebuyers who locked in record low interest rates at the height of the global financial crisis are facing a big increase in mortgage payments as their fixed rate periods end.

Is this the day of reckoning for mortgages?

Watch the full video report on TheMoveChannel.tv:

http://www.themovechannel.tv/2011/09/day-of-reckoning-for-mortgagees/

 

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