Tuesday, 23 June 2015

The Rise and Fall of the 10-Year Mortgage Term

This is a great article building on the foundation of my previous post about Choosing Your Mortgage Term. It's interesting to learn the reasons for the rapid decline in popularity of the 10-year term mortgage. This can be a great product for a very select few consumers, but the majorty of people are choosing other alternatives, and with good reason. Enjoy!

'A great rate for a bad mortgage': The 10-year mortgage is near an all-time low, but is it a good idea?


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