Tag Archives : 30 years mortgage loans

Facts & Risks of 50 Year Mortgages

Facts & Risks of 50 Year Mortgages

50 years mortgages are not always a smart choice for all types of borrowers. There are certain things which you should know before taking out 50 years mortgage loans. 50 years mortgages come with certain advantages and disadvantages. The advantage is lower interest rate while disadvantage is the high total amount of interest.

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