http://mortgage.viaden.com/2006/09/05/50-year-mortgages/ Mortgage blog covering types of mortgages, mortgaged housing, mortgage advantages and mortgage resources. Sat, 05 Jul 2008 22:29:54 +0000 http://wordpress.org/?v=2.0.2 http://mortgage.viaden.com/2006/09/05/50-year-mortgages/#comment-23744 Tue, 25 Sep 2007 00:00:05 +0000 http://mortgage.viaden.com/2006/09/05/50-year-mortgages/#comment-23744 [...] author wrote an interesting post today onHere’s a quick excerptLending experts are fifty-fifty on 50-year mortgages: some of them say as it can be risky, others say it’s good. Many men, many mind. Nevertheless, Statewide Bancorp in California is the first U.S. lender to introduce a 50-year mortgage. It means that a mortgage has been supersized. Half of first-time home buyers are 32 or older, according to the National Association of Realtors. If those buyers get 50-year mortgages and never refinance or make extra payments, they won’t pay off their loans until they’re in their 80s. Would they be crazy to get loans that amortize or pay off the balance over 50 years instead of the standard 30 years? No way. Getting a 50-year loan is a perfectly rational way to avoid an interest-only or payment-option adjustable-rate mortgage.  Such loans only make up a small fraction of the market as you are not building wealth through homeownership with a […] [...] […] author wrote an interesting post today onHere’s a quick excerptLending experts are fifty-fifty on 50-year mortgages: some of them say as it can be risky, others say it’s good. Many men, many mind. Nevertheless, Statewide Bancorp in California is the first U.S. lender to introduce a 50-year mortgage. It means that a mortgage has been supersized. Half of first-time home buyers are 32 or older, according to the National Association of Realtors. If those buyers get 50-year mortgages and never refinance or make extra payments, they won’t pay off their loans until they’re in their 80s. Would they be crazy to get loans that amortize or pay off the balance over 50 years instead of the standard 30 years? No way. Getting a 50-year loan is a perfectly rational way to avoid an interest-only or payment-option adjustable-rate mortgage.  Such loans only make up a small fraction of the market as you are not building wealth through homeownership with a […] […]

]]> http://mortgage.viaden.com/2006/09/05/50-year-mortgages/#comment-9068 Fri, 15 Sep 2006 11:44:23 +0000 http://mortgage.viaden.com/2006/09/05/50-year-mortgages/#comment-9068 it\\\'s risky yaar,why because they won’t pay off their loans until they’re in their 80s.before taking mortgage loans,select a best one,so many borrowers facing problems with lenders. it\\\’s risky yaar,why because they won’t pay off their loans until they’re in their 80s.before taking mortgage loans,select a best one,so many borrowers facing problems with lenders.

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