Posted by BP/WV on 5/10/06 12:48pm
Msg #118860

Newly offered 50 Year Mortgage...

http://money.cnn.com/2006/05/10/news/economy/economy_mortgage/index.htm?cnn=yes

Reply by Joshua Brogden on 5/10/06 1:00pm
Msg #118867

So do you think that this would bring in more business?

Reply by BP/WV on 5/10/06 2:22pm
Msg #118894

Im not so sure. I would not do this personally because it is only for ARMs. If it were for fixed, it would raise my interest, since I am 31. Some people may find this beneficial, but I dont think people are going to stand in line for it.