Jun

28

2011

The End of the Road for the 40 Year Mortgage?

Published by in category Mortgage Refinance | Leave a Comment

The media keeps writing premature obituaries for the housing finance majors Freddie Mac and Fannie Mae with a certain amount of glee. Is that really called for though? If the federal government actually manages to shut these two down, would that be a good thing for homeowners in America? America has been raised on a steady diet of the 30-year and 40-year mortgages for about a half century now. With... [Read more]



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