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50 year mortgages ? How much more mortgage loan can you afford using a 50 year mortgage?

Posted on The FSBO Blog
11.05.2006
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Are 50-year mortgages a solution to affordability? The popular interest only mortgages and pay option arms loans are slowing losing momentum with home buyers as mortgage rates increase, so mortgage lenders are exploring other types of mortgages to fill in the affordability void. 50 year mortgages are making their debut but do they really help. A while back ago, we created numerous mortgage

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