Using A Margin Loan vs. A Mortgage To Purchase a Home
Most of us understand how getting a mortgage can help us to purchase a home. We use our personal funds (usually 20% of the purchase price) as a down payment and then obtain a mortgage loan with a bank or financial institution for the remaining 80% of the purchase price. The mortgage rate is based on current interest rate levels – there are fixed rate loans that can be for 10, 15, or 30 years, or you may choose an interest-only loan with a floating rate that can start low and increase if interest rates go up and decrease if interest rates go down. Q4 2021 hedge fund letters, conferences and mor...