Housing Finance & the Secondary Mortgage Market : Alternatives for Change
Book Details
Format
Hardback or Cased Book
ISBN-10
1634828771
ISBN-13
9781634828772
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 1st, 2015
Print length
129 Pages
Weight
338 grams
Dimensions
16.10 x 23.70 x 1.50 cms
Product Classification:
Property & real estateOwnership & mortgage law
Ksh 29,500.00
Not available
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Quality
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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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