Fisher Funding

Why are the standard terms for mortgages 15 and 30 years? Could it be because downturns in the American economy have occurred on an average of once every 14.5 years? When a buyer defaults on a loan after paying on it for 14 years, the lender gets the house for free, sells it again, and nets a small fortune or an investment of zero. Wouldn’t you like to find a way of doing that?

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Mortgage Anyone? | ArticlesBase.com