Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
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... |
|||||||||||||||||||||||
why invest related definitions |
|||||||||||||||||||||||
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... |
|||||||||||||||||||||||
More about why invest Ten Creative Financing Techniques Creative Real Estate Financing 7 Big Reasons To Invest In Pre-Foreclosures Mortgage Marketing and Advertising: A Material Approach to Realtors Moldy Homes are a Great Investment Home Buying Process - Pointers Retirement Can You Afford It? Buying A Duplex In Bismarck North Dakota Why Do You Need an IBC? Secrets Your Banker Won't Tell You - Which Loan is Best for You?
|
|
||||||||||||||||||||||
|