Will the 100% mortgage make a return again ?

Question

In the past it was easy and relatively cheap to get a 100% mortgage, will it be so again ?

Answer 1

Yes the 100% will return again.  

No, it will not be relatively cheap again.

Answer 2

yes  I  think  so   ..the  mortgage  companies  need  it .more  than  we  do  .......give  them  year  it  will  be  back

Answer 3

As long as people are ignorant enough to want them, they will keep returning. If you can't pay the minimal down payment on a home, you can't afford to own a home...simple as that. Many people stray from that common sense ideology....so I'd give it a few years, and they'll be back. Getting themselves in over their heads as materialistic people always do when they want something for nothing. G'luck to them all.

Answer 4

Yes in another 14 years when the banks have healed their balance sheet and forgotten about all the bad loans they have made.

Answer 5

only if the government can make a few quid or it forfills a human rights target or something else equally shoddy

Answer 6

Of course they will. Memories fade and people will jump on that bandwagon again. I wouldn't be holding my breath waiting for it to happen though.

Answer 7

Oh sure.  It was bad in the 80's (not as bad as now) and everyone thought surely the lenders had learned the lesson back then, but a couple of decades later they  were back to where they were and even worse.

Answer 8

I doubt it.

I think we learned our lesson.

Answer 9

Sure. It's just a matter of risk management. At a high enough rate of return, it pays the lender to take on riskier loans. Right now hardly anybody is trying to do that, but market conditions change all the time. How much of a premium it will command is hard to say.

Answer 10

I think we will have a gap of quite a few years again before any of the big lenders offer an easy 100% mortgage, there were a lot of people who got stung by them. There are five companies still offering a 100% mortgage but its not easy to get.