Not a bad return! Especially if your home is leveraged (financed). Here is an example; $500,000 purchase price with 20% downpayment is $100,000 invested. $500,000 X 5.67% = $28,350 increase. Your return on your $100,000 investment is over 28%!
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Friday, June 10, 2016
Men are making more money off their homes than women
The gender pay gap is following women home from the office.
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Thursday, June 9, 2016
Mortgage applications drop 4.1% over Fed rate uncertainty
Despite strong buyer demand in the housing market, mortgage applications decreased 4.1 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association.
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