Monday, October 12, 2015

OCHN: Future home equity gains from amortization rather than appreciation

When mortgage rates are low but rising, equity growth comes through amortization rather than appreciation.

Equity is the cash value stored in a owner’s house. Many people assume equity is the difference between what a house is worth and what they owe on it, but this overstates the reality...
Future home equity gains from amortization rather than appreciation

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