
In a climate of rising house prices and cheap mortgage loans, debt is manageable and the number of people getting into trouble with their loans remains low.
However, in times of economic hardship, when house prices fall and mortgage lending becomes more expensive, a range of mortgage problems can occur. Inevitably, these types of serious financial troubles cause stress and confusion.
The following section details the different problems faced by mortgage borrowers, how to deal with debt, and what debt really means for the consumer.
In the Mortgage Debt Help section:
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