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Mortgage Professor about why invest: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Is Unused Home Equity a "Missed Fortune"?
18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more... Can I Live Off My House? November 19, 2001 "I am a recently-widowed 54-yar old with a house worth $1.1 million, a high-rate mortgage of $450,000, but not much income. I can only afford to pay $2,000 a month on principal and interest, plus taxes and insurance. I am prepared to use up my equity ... more... |
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why invest related definitions |
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Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... Adjustable Rate Mortgage, ARM Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... |
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More about why invest Flipping and Fixing Houses for High Return on Investment Capital An Investment Real Estate Strategy Unknown To Most Is A Negative Amortization Loan Understanding Your Finances Can Give You Power And Choice A Simple Strategy to Send Your Child Away to College and Earn Money At the Same Time WARNING: The Biggest Lie About Compound Interest Corporate Debt Management Perspective on the Why Secrets to Why Debt Reduction is So Vital for Your Financial Health Why You Should Rent To Live And Buy To Invest The Residential Real Estate Buying Process in Austin Texas Finding the Best Buy Let Mortgage
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