Sunday, March 26, 2006 

Firstrung: Fifty year mortgages, could they help the first time buyer climb onto the first rung? As 40-year mortgages become common place in the US, the UK could follow suit as securities issuers are upping the ante, talking about possible amortization schedules of up to 50 years, according to industry professionals. Could these products be of particular benefit to first time buyers limiting their initial outlay in the early crucial years?
posted by Johnny  @ 5:15 PM 16 comments


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