- Häuslefinanzierung auf amerikanisch - waren die Börsianer bei NAS 5000 so kühn!? - kingsolomon, 05.05.2004, 15:54
- Re: Mr. Thomson - Cosa, 05.05.2004, 16:28
Häuslefinanzierung auf amerikanisch - waren die Börsianer bei NAS 5000 so kühn!?
-->From the N.Y. Times via R. Russell:
"A management consultant in Denver, Mr. Thomson bought at $500,000 townhouse last Friday in the suburb of North Cherry Creek. As many other first-time home-owners have done, Mr. Thomson put no money down. Instead he took out a first mortgage for 80 percent of the purchase price and paid the rest by taking a home equity loan against the new house. To reduce his monthly payments, and to qualify for a big enough loan, he took out an adjustable rate mortgage that requires him to make only interest rate payments."

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