Posts Tagged ‘mortgage affordability’
The 50-Year Mortgage: Is It Helpful or Hype
If you’ve been watching housing headlines, you’ve probably noticed all the talk about affordability. With fast-rising prices, low inventory, and mortgage rates that haven’t exactly been kind, it’s no surprise buyers are feeling squeezed. One of the newest “big ideas” being floated is the 50-year mortgage. On the surface, it sounds simple; stretch the loan term,…
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