Angela Mackinnon

CMI Mortgage #217909

  • Home
  • About
    • About Me
    • Accessibility Statement
  • Resources
    • Home Purchase
    • Home Refinance
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage Calculator
    • Mortgage Glossary
    • Closing Costs
    • First Time Buyer Tips
    • First Time Seller Tips
  • Reviews
    • My Reviews
    • Leave a Review
  • Contact Us

How Homeownership Builds Generational Wealth – A Message for National Homeownership Month

June 25, 2025 by Angela Mackinnon

June is National Homeownership Month, a time to celebrate the lasting impact that owning a home can have on individuals and families. One of the most powerful benefits of homeownership is the ability to build equity. As you make mortgage payments, you are gradually increasing your ownership stake in the property. This equity becomes a form of forced savings and can be used in the future for things like education, home improvements, or retirement. Unlike rent, which builds no future value, mortgage payments create wealth over time.

Appreciation Adds Long-Term Value
In addition to building equity, homes tend to increase in value over time. While housing markets may experience short-term fluctuations, real estate has historically appreciated over the long run. That increase in value can significantly boost your net worth. When it is time to sell or refinance, the appreciation can turn into real dollars that provide financial flexibility and long-term opportunity.

Leverage and Financial Growth
When you buy a home, you are leveraging a relatively small amount of money to purchase a much larger asset. For example, with a small down payment, you are able to control the full value of the property. As that property appreciates, your return is based on the full value of the home, not just your initial investment. This kind of financial leverage is a major reason why homeownership is such an effective wealth-building tool compared to renting.

A Legacy for the Next Generation
Homeownership is also a way to create financial security for future generations. Passing down a home to children or grandchildren can provide them with a strong start in life. Even if you choose to sell the home later, the equity gained can help fund education, support a family business, or assist with a loved one’s home purchase. That ability to pass on value is what turns homeownership into a legacy.

More Than Just Money
Beyond the financial benefits, owning a home brings stability and a deep sense of pride. It creates consistency in family life, helps children remain in the same schools, and fosters a sense of belonging in the community. These emotional benefits reinforce the lasting value of homeownership and make it more than just a financial milestone.

Celebrate with Purpose
National Homeownership Month is the perfect time to reflect on the bigger picture. Homeownership is not just about the keys in your hand today. It is about what those keys unlock for your family’s future. If you are considering buying a home, now is the time to learn more about your options and start planning for a future that benefits you and those who come after you.

Filed Under: Mortgage Tips Tagged With: Family Legacy, Generational Wealth, National Homeownership Month

  • 1
  • 2
  • 3
  • …
  • 80
  • Next Page »

Photo

Contact Angela


MORTGAGE BROKER

NMLS #210518

Office: 405-340-7044
Mobile: 405-570-7276

Apply Now →

Connect with Me

Quick Links

  • Accessibility Statement
  • Contact Us
  • Mortgage Calculator
  • Privacy Policy

Recent Posts

  • What’s Ahead For Mortgage Rates This Week – June 30th, 2025
  • From Pre-Approval to Closing What to Expect in the Mortgage Journey
  • How HomeReady and Home Possible Mortgages Open Doors During National Homeownership Month

Office Location

CMI Mortgage #217909
2500 S Broadway, Suite 130
Edmond, OK 73013

Equal Housing Lender

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in