Business, 09.03.2020 23:53, abolton04

Assume that houses in an area appreciate at the rate of 4 percent a year. A borrower expects to have a loan-to-value ratio of 90 percent. What is the approximate expected appreciation rate on home equity (EAHE)?

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Assume that houses in an area appreciate at the rate of 4 percent a year. A borrower expects to have...