50-Year mortgages latest gimmick to cut monthly payments.
First they had 20-year mortgages and then 30-year mortgages and then interest only mortgages and now — 50 year mortgages! These are not designed to be held to maturity. (If you did hold …
First they had 20-year mortgages and then 30-year mortgages and then interest only mortgages and now — 50 year mortgages! These are not designed to be held to maturity. (If you did hold …