40-year mortgage a good deal?
Home buying can often be a highly emotional experience. It gives you a shelter that you can call your own, you can run it your way and decide what to do with it and when. Nobody can evict you from it, as long as you keep making mortgage payments. You are a proud property owner.
But you frequently forget that it's also perhaps the largest debt obligation you'll ever sign for. Therefore, it would be prudent to treat it as an investment as well. To read the entire article, please click here.
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