Reader's Reviews
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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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