The Early 1980s: A Tough Time For Home Builders and Mortgage Bankers
Students see that a mortgage loan is a credit instrument used by homebuyers to finance the purchase of a home. They access websites imbedded in this plan and answer a series of questions about home mortgage loans.
9th - 12th Social Studies & History 3 Views 3 Downloads
Home Sweet Home: Purchasing a Place
While the process of buying a home can certainly be overwhelming, give your young adults a leg up for their future by introducing them to the components of a mortgage, as well as exploring the basic concept of credit and how to become...
9th - 12th Math CCSS: Adaptable
The Fed - Helping Keep Banks Safe and Sound
What does an examiner look for when analyzing a bank's financial condition? In addition to learning about the 5-Cs for reviewing loans and CAMELS (capital, assets, management, earnings, liquidity, and sensitivity to risk), your learners...
1 min 11th - 12th Social Studies & History CCSS: Adaptable
Wealth Destruction 1
What happens when a homeowner is paying more towards a loan than the house is actually worth? In a timely look at the housing bubble (and its inevitable pop), Sal examines five hypothetical home purchases from 1995 and their notional...
11 mins 11th - Higher Ed Social Studies & History
Geometric Series Sum to Figure Out Mortgage Payments
Looking for nice real-life example of a finite geometric series? In this video, a geometric series is used to calculate the monthly payment amount on the fixed rate loan. Starting with a general equation of monthly payments, Sal shows...
18 mins 10th - 12th Math