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Tuesday, 04/26/2016 8:49:57 AM

Tuesday, April 26, 2016 8:49:57 AM

Post# of 17746
"The 30 Year Fixed Rate Mortgage Needs to Disappear."

New report out on Forbes, this morning. Lays out a clear rationale for why most homeowners do not benefit from lengthy payback durations and why the government should basically stay out of the guarantee game in any iteration.

This report is politically incorrect in that genre's best, disruptive form.

JMHO.