How much is the return on your home equity? Answer 0%. It has no return. If you are over 62 you can arrange a reverse mortgage and take equity out of your home. (The Older you are the more you can take) Or you can take home equity and invest it.
Usually, invested equity will give you the ability to pay off a mortgage sooner than prepaying a mortgage. If future editions, we will look at some of the math that backs up that assumption.
A home is both shelter and a financial asset. I like to earn a return on my financial assets.
MMM
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Mortgage Money Man
This blog discusses topics related to residential real estate loans, mortgages and credit topics and issues. It is to help you manage your home as your most valuable financial asset. Some topics will discuss investments as home equity may be invested for a greater return.
Helping you better manage the investment you have in your home.
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Some of my Favorite Places
Paul
Mortgage Money Man
Blog Archive
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2007
(31)
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July
(16)
- Neg Am Loans 2
- Neg Am Loans 1
- Weekly Rate Outlook
- NY Times: Mortgage Woes = Stock Sell Off
- Who should get a Reverse Mortgage?
- Weekly Rate Outlook
- Taking Rates in the News with a Grain of Salt
- Credit Loop Hole Closing
- Weekly Rate Outlook
- Sub Prime Woes are NOT A Paper Woes
- Freedom Day
- Weekly Rate Outlook
- Why pay down your mortgage?
- Using Home Equity Wisely
- Founding the Country On Faith in Money
- Weekly Rate Outlook
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July
(16)
About Me
- New Prospective
- Bonita Springs, Florida, United States