Could Dutch-style mortgages work in the US?

For many Americans, the dream of owning a home has looked more like a nightmare in recent years. Mortgage rates are up, inventory is low, and prices are soaring.

The perfect storm of bad news has surely left some homebuyers wondering: Isn’t there a better way? One alternative can be found in The Netherlands.

The Dutch offer home mortgages with interest rates that go down automatically as the loan gets paid off.

“The thinking is that as the loan gets older and the ratio of the amount owed to the home’s value improves — through paying off the loan or any increase in the property’s value — the risk associated with the loan decreases,” Business Insider wrote about the unique mortgages.


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