Mortgages – Yay or Nay?

Taking out a mortgage is a major life decision and should only be taken after serious consideration. Here are some pros and cons to help you before you take the plunge. Let’s hear it for the advantages: Longer-term mortgages – 30-year mortgages mean although it's a longer commitment, it can be a more affordable option than before. Cost-effective borrowing – The interest rates on a...

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