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40-Year Interest-Only Mortgage: Affordability Assistance or Debt Trap?

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40-Year Interest-Only Mortgage: Affordability Assistance or Debt Trap? - King, Joshua
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Times are hard in the housing market. We have sky-high prices AND higher-than-normal interest rates. These factors have pushed homeownership out of reach for many Americans. However, when there is a problem, there comes along a solution. 40-year interest-only mortgages are beginning to become more mainstream. I know they sound bad, but can they be useful to prospective homeowners? What does your gut tell you? What do the numbers show you? I run the numbers inside and I think you can go with your gut. There are better ...

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40-Year Interest-Only Mortgage: Affordability Assistance or Debt Trap? 2022, Independently Published

ISBN-13: 9798849811710

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