Housing Finance & the Secondary Mortgage Market : Alternatives for Change Hardback
Edited by Sally G. Mitchell
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 could use to attract more private capital to the secondary mortgage market; and addresses how those mechanisms could be combined in different ways to help the market make the transition to a new structure during the coming decade.
- Format: Hardback
- Pages: 129 pages
- Publisher: Nova Science Publishers Inc
- Publication Date: 01/07/2015
- Category: Property & real estate
- ISBN: 9781634828772