
Negative Equity: Have Falling House Prices Put You In Mortgage Prison? ⎜ Ep. 1384
KIDI
50 min
Business & Finance
الوصف
<p>In this episode, we discuss the concept of 'negative equity'. This includes what it is, who is most likely to fall into having negative equity, and how to get yourself out. </p> <p><br></p> <p>We also discuss how being in (or close) to negative equity can put property investors into 'Mortgage Prison'. </p> <p><br></p> <p>This is where you struggle to switch banks because your property's value has decreased. </p> <p><br></p> <p>This can mean you struggle to get a better interest rate.</p>
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Negative Equity: Have Falling House Prices Put You In Mortgage Prison? ⎜ Ep. 1384
KIDI