The Intriguing History of the 30-Year Fixed Rate Mortgage

Filed under Personal Finance

As part of a complete personal finance education, I submit that the longread article Financing the American Home by Marc Rubenstein should also be required reading. I learned a lot of important facts about the history and meaning behind the 30-year fixed-rate fully prepayable mortgage: From the consumer’s perspective, it’s an amazing product. It’s a […]

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