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June 09, 2006

50 Year Mortgages, Are They Better than a Interest Only

As real estate prices have soared lately in several hotspots like Las Vegas, much of California, Florida, and others, banks and mortgage companies are now spreading out payments to 50 years to make them more affordable. Prior to these 50 year mortgages, interest only mortgages were touted as the way to go. The question is which is

From 50 Year Mortgages, Are They Better than a Interest Only

Posted by Sean at June 9, 2006 05:35 PM