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Khan Academy
Wealth Destruction 1, Finance and Capital Markets
What happens when a homeowner is paying more towards a loan than the house is worth? In a timely examination of the housing bubble (and its inevitable pop), Sal looks at five hypothetical home purchases from 1995 and their notional...
Khan Academy
Khan Academy: Home Equity and Personal Balance Sheets: More
Examines what happens to equity when the value of the assets increase or decrease. [10:05]
Khan Academy
Khan Academy: Home Equity and Personal Balance Sheets: Home Equity Loans
A simple example of how to borrow from home equity to fuel consumption. [8:37]
Other
Consumer Education and Training Services: Smart Borrowing: Refinancing
This video explains all the hidden costs and additional fees to take into account when considering refinancing a mortgage and how these impact your monthly and longterm costs. One also needs to consider things like how long you intend to...