Apr

5

Mortgage Matters: New Article

Filed Under Mortgage Matters |

Home Equity Has A Rate Of Return?
Let’s start with a common scenario. A prospective home buyer decides to buy a home for $500,000. They intend to put 20% down ($100,000 cash) and take out a $400,000 mortgage. Now, a question……“What interest rate is being paid to the home buyer on their cash down payment?” After a pause, most people come up with the correct answer…

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