People need mortgages.The price of a home is often far greater than the amount of money most households save. As a result, mortgages allow individuals and families to purchase a home by putting down only a relatively small down payment, such as 20% of the purchase price, and obtaining a loan for the balance.
Кузнецова С. И. MORTGAGE // Международный каталог для учителей, учеников и преподавателей «Презентации» // URL: https://edupres.ru/prezentatsii-po-inostrannomu-yazyku/11-klass/file/39277-mortgage (дата обращения: 21.11.2024)