I’m 45, earn $65K/year and hear 40-year mortgages make homeownership more accessible — should I take one out?

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  • I’m 45, earn $65K/year and hear 40-year mortgages make homeownership more accessible — should I take one out?
    Most home-buyers in the United States use a 30-year mortgage to purchase property. This term is popular because a 30-year loan can allow for manageable monthly payments and the ability to become ...
    10/6/2024 - 9:29 pm | View Link
  • I’m 45, single, earn $65K/year and have never owned a home. But I hear 40-year mortgages are all the rage — should I take one out and finally get onto America’s housing ...
    Right now, 40-year loans aren't considered conventional or conforming loans, which means they don’t fit within the guidelines set by the government sponsored enterprises that gu ...
    10/6/2024 - 12:16 am | View Link
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