tag:blogger.com,1999:blog-25714039.post6041283386652404189..comments2023-10-26T00:17:28.411+08:00Comments on A Private Portfolio: A tightening market for mortgage financetraineeinvestorhttp://www.blogger.com/profile/05179861120801348035noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-25714039.post-66023039998333697452012-09-20T14:45:56.896+08:002012-09-20T14:45:56.896+08:00This is a a bad news for those people who want to ...This is a a bad news for those people who want to finance a residential house, that's why real estate properties affected because of having unpredictable rates of mortgages and home loans.<br /><br /><a href="http://www.mortgageadvicebureau.com/buy-to-let-mortgage/" rel="nofollow">Visit this link</a> to get buy to let mortgage advicetakeshi007https://www.blogger.com/profile/08768241597586132170noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-45810405917547577642012-04-17T14:57:02.218+08:002012-04-17T14:57:02.218+08:00Hi Carmen
Good question - and one that I ask myse...Hi Carmen<br /><br />Good question - and one that I ask myself from time to time. I will do a separate post on this issue.<br /><br />Cheers<br />traineeinvestortraineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-5398414962124082822012-04-12T04:20:45.160+08:002012-04-12T04:20:45.160+08:00As of now, the HIBOR (Hong Kong Inter-bank Offered...As of now, the HIBOR (Hong Kong Inter-bank Offered Rate) has increased to 0.4-mark (for 3-month maturity period) compared to 0.28 last October, and that's according to HK Assoc. of Banks. So how much increase do you need before you change your mind and pay off the mortgage?Carmen Monroviahttp://houston.churchillmortgage.com/about-us/noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-17420352462517212442012-01-25T16:37:42.322+08:002012-01-25T16:37:42.322+08:00Ultimately you will have to evaluate your situatio...Ultimately you will have to evaluate your situation. If you are in a longer adjustable rate mortgage, like a 7-year or a 10-year ARM, decide how long you want to stay in the house and figure out how much time you have before your rate adjusts. If you have less than one year left, it is probably time to refinance.Bank Lending Criteriahttp://businessloans.doobizz.com/bank-loans-2/2011/12/bank-lending-criteria/544/noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-49596849639741292422011-11-02T15:34:15.393+08:002011-11-02T15:34:15.393+08:00Behind the argument for not paying off your mortga...Behind the argument for not paying off your mortgage is the reasoning that you could invest the extra money<br />and earn a higher return, while keeping your money more liquid. That may have been a good reason in the past but the rate of return on investing now is more questionable, compared to the fact that every dollar paid to reduce a mortgage balance provides a guaranteed return equal to the interest rate on the mortgage.Gmac Home Loanshttp://www.gmacmortgage.comnoreply@blogger.comtag:blogger.com,1999:blog-25714039.post-9621549289763389502011-10-24T16:57:21.152+08:002011-10-24T16:57:21.152+08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-25714039.post-13900361931650466652011-10-21T11:39:31.993+08:002011-10-21T11:39:31.993+08:00Thanks for the comment.
From a purely mathematica...Thanks for the comment.<br /><br />From a purely mathematical perspective, there is no difference between paying down a mortgage on an investment property and a mortgage on our home. Paying down the home is more of an emotional decision than a financial one.<br /><br />In terms of paying off the most expensive mortage first, all are less than 1% and there isn't much to chose between them except that the interest on the loans used to buy investment properties are fully tax deductable while we only get a limited tax deduction for the interest on the home loan - and that will shrink to zero if/when we stop earning salaried income.<br /><br />So right now there is not a lot of difference but once we retire the home loan would actually be the most expensive.<br /><br />That said, given the yield available on stocks, bonds etc and the inflation rate it feels wrong to be paying off such cheap debt. If HIBOR rises a few percentage points, I'll probably change my mind.<br /><br />Cheers<br />traineeinvestortraineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-52373767108189828952011-10-21T11:20:13.307+08:002011-10-21T11:20:13.307+08:00Why would you draw a distinction between paying of...Why would you draw a distinction between paying off your home mortgage and paying down a mortgage on an investment property? Surely if you decide to reduce debt levels you would select the one with the highest rate and in most places this would be on a investment property.<br /><br />Of course since you will probably not pay either, the question is academic but i have wondered a couple of times.Anonymousnoreply@blogger.com