Housing finance and the secondary mortgage market : alternatives for change / Sally G. Mitchell, editor

Author : Mitchell, Sally G., editor
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Housing finance and the secondary mortgage market ...

When making a decision about housing, a household must choose between renting and owning. Multiple factors, such as a household's financial status and expectations about the future, will influence the decision. Few that decide to purchase a home have the necessary savings or available financial resources to make the purchase on their own. Most need to take out a loan. A loan that uses real estate as collateral is typically referred to as a mortgage. This book serves as a primer that explains how the system of housing finance works. This book also examines various mechanisms that policy-makers

Publisher : New York : Nova Publishers
Publish Year :
Page : 136 pages : illustrations ; 24 cm
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