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Housing Finance and the Secondary Mortgage Market : Alternatives for Change, PDF eBook

Housing Finance and the Secondary Mortgage Market : Alternatives for Change PDF

Edited by Sally G Mitchell

PDF

Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.

Description

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.

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