Lower Equity
Home Loan Mortgage Rate
Vroom! Vroom! Nestled in
the driver's seat, you feel like you are at home
in your favorite recliner. With a firm grip at
10:00 and 2:00 on the steering wheel, you bolt
down the German Autobahn with no other cars in
sight. The wind whips through your hair as sunrays
melt off your cool shades. You glance over at that
someone special in the passenger's seat and shout
out, "It doesn't get any better
than this!" Suddenly, the sound of a throat
being cleared causes your eyelids to sheepishly
rise. The voice came from the salesman "Honest
Al," who is sporting a green plaid suit that
was the latest fashion...30 years ago! It hits
you that you are in a car showroom. You ask Al
about the lowest price he can offer you. After
he replies, your jaw hits the car floor. If he
had given you an equity home loan mortgage rate
at relatively the same value, the result would
have been the same.
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