Fun Fact of the Day, November 8, 2018

November 8, 2018

EQUITY - The average loan-to-value ratio in the US housing market as of 6/30/08 was 55%, i.e., the average home mortgage had 45% of equity behind it.  The average loan-to-value ratio in the US housing market as of 6/30/18 was 40%, i.e., the average home mortgage had 60% of equity behind it (source: Federal Reserve).

Share on Facebook
Share on Twitter
Please reload

© 2017 Nova Wealth Management, Inc. is a Registered Investment Advisor.  All Rights Reserved. Designed by Reframed