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user-inactivated · 2210 days ago · link · · parent · post: Landless Americans are the new Serf Class
I remember being told that thirty year loans are designed for short term flexibility, because you're able to make smaller payments, thereby giving you more financial breathing room each month. Even though they're "thirty years" you're not supposed to hold them on for that long, they should still be payed off after fifteen years. Is that not true?