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50-Year Mortgages – The Latest Trend in Home Lending

Amidst the bleak economic landscape featuring a record number of home mortgage defaults along with the bad publicity around interest-only loans and payment-option ARMs, a new type of loan has emerged for the high-risk home buyer. The 50-year mortgage theoretically provides a lifeline for buyers who are stuck in one of the two other loan types.

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50-Year Mortgages – The Latest Trend in Home Lending

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