Updated to account for current low interest rates and historically high real estate prices, this book advises on the details of getting a mortgage for a home purchase, dealing with banks and other lenders, and getting the best deal available. All titles in Barron's Business Keys series are written with a minimum of financial jargon and are directed at ordinary consumers and nonprofessionals in the business world.
Keys to Mortgage Financing & Refinancing
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Titles in Barron's Business Keys series present easy-to-understand advice on prudent financial planning, saving, investing, getting loans and mortgages, buying and selling real estate, and dealing with other aspects of money and investment. Updated to account for current interest rates and new mortgage types such as interest-only loans and new adjustable rate mortgages as they apply to historically high real estate prices, this book advises on the details of financing a home purchase, dealing with banks and other lenders, and knowing how to shop for the best available deal.
Titles in Barron's Business Keys series present easy-to-understand advice on prudent financial planning, saving, investing, getting loans and mortgages, buying and selling real estate, and dealing with other aspects of money and investment. Updated to account for current interest rates and new mortgage types such as interest-only loans and new adjustable rate mortgages as they apply to historically high real estate prices, this book advises on the details of financing a home purchase, dealing with banks and other lenders, and knowing how to shop for the best available deal.
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This review is from: Keys to Mortgage Financing & Refinancing (Barron's Business Keys) (Paperback)
This is an excellent book on mortgage financing. Many times people don't realize that getting a good interest rate can save them a lot of money on monthly payments and over a period of 30 years, it adds up. This book covers topics such as loan-to-value ratios, loan shopping, the loan application process, discount points, seller financing, refinancing costs, time value of money, and adjustable rate mortgages. If you are a home buyer, investor, or real estate professional, you should definitely understand the topics covered in this book. I think that if more people understood mortgage financing, they would have not gotten themselves into adjustable rate mortgages that contributed to a lot of foreclosures during the current economic crisis.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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comparable interest rate, refinancing decision, new first mortgage, assumable loan, second mortgage loan, discount points, housing interest Key Phrases - Capitalized Phrases (CAPs): (learn more)
Loan Costs, Freddie Mac, Fannie Mae, Loan Amount Expected Holding Period Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
comparable interest rate, refinancing decision, new first mortgage, assumable loan, second mortgage loan, discount points, housing interest Key Phrases - Capitalized Phrases (CAPs): (learn more)
Loan Costs, Freddie Mac, Fannie Mae, Loan Amount Expected Holding Period Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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