Quote:
Originally Posted by JASONSAUTO
a wise old man once told me that if you do any real estate loan for more than 15 years you are a mother ****ing idiot
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That's good, old-fashioned advice, and probably for the best for alot of people, but given interest rates now (and for the last whatever, 7 years) you can easily justify having a 30 year fixed rate loan and just keeping it.
It may well be a negative real interest rate if/when inflation goes back to semi-normal levels.