GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
Musk, for instance, made headlines for taking out $61 million in mortgages in 2018 alone.
Why on Earth would he take on so much debt in home mortgages?
The ultra-rich find mortgage debt easy to pay and easy to manage.
A relatively small monthly mortgage can free up funds that will potentially add up to much larger wins.
What Should Regular Investors Do When It Comes to Mortgages?
The median home price now exceeds $412,000, according to the St. Louis Fed.
You also can look into 15-year mortgages for a faster payoff process.
More From GOBankingRates
Share This Article:
The Latest inHome Loans
