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Old 03-28-2006, 12:40 PM  
Drake
Hello world!
 
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Join Date: Mar 2003
Posts: 12,508
30, 35, and 50 year mortgages

Is this going on in your area? Apparently this is one of the reason why prices continue to rise and are still being bought at record levels. People could no longer afford to buy under 25 year terms so mortgage terms are now being extended to accomodate them.
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