Need a Lower Payment? Why the 50-Year Mortgage Is the Worst Way to Get One
Update: 2025-11-20
Description
In this episode of the Less House More Moola podcast, Laura explores the concept of a 50-year mortgage, discussing its implications for homebuyers and the mortgage industry. She highlights the changing demographics of homeownership, the financial calculations behind different mortgage terms, and the impact of amortization on equity. The conversation emphasizes the importance of understanding the long-term financial commitments associated with mortgages and encourages critical thinking about loan products.
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