I didn't mean to imply that there were no such things as mortgages but there were certainly no such things as 120% mortgages at Euribor + 1/2 a point.
I don't believe I said 14 payments a year was universal. Some even get 15 payments a year, which is regarded as even better than 14... (in spite of it being worse)
Biting the hand that feeds IT
