|
An envelope http://rnd.npic.edu.kh/precose-medscape-4c14.pdf#poison precose medscape
Buyers who take out a separate mortgage on a second home are more likely to stop making payments if they run into financial trouble and default. To offset the increased risk, banks charge higher rates and require larger downpayments of these borrowers. But those who use their primary home's equity will work harder to pay off the loan and are much less prone to miss payments, said McBride.
|