Sentences with phrase «mortgage after inflation»

Not exact matches

After that, I would rather the Fed allow inflation to raise collateral values and end the home and commercial mortgage crises.

Keep in mind, though, that the average annual rate of return for a balanced portfolio is 4 % after inflation — that's only a percentage point and a bit more than most mortgage rates these days.

By comparison, if you were to take out a reverse mortgage for $ 162,300 to net $ 160,000 after closing fees, you could enjoy your home for another seven or eight years before the accumulated interest reached that $ 40,000 break - even point (adjusted for inflation).

Not to mention that rent seems to be going up year after year, and the fact that fixed - rate mortgages don't go up with inflation.

Considering our current portfolio is generating about 4 % per year (after taxes / inflation), and we still can decide what to do with our available cash, it seems most logical to put the available cash into the mortgage (which currently sits at 102 %).

Also, many people, especially those in areas of high inflation in the housing market, used a financial device known as a Balloon Mortgage, which essentially forced you to get a new loan after some number of years (2, 5, 10) when the entire note became due.

Assuming a 2 % rate of inflation, that 3.5 % your paying on your mortgage is free after just 2 years and continues to become more of a benefit over the length of your mortgage.

Homeownership is also a way to protect families against inflation and rising costs for housing, because while rents may rise, a fixed - rate mortgage remains the same month after month.