Long Amortizations Survive…With 20% Down
July 21, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Long Amortizations Survive…With 20% Down When the government cut maximumamortizations in 2008 and 2011, most big lenders reduced amortizations on all of their mortgages. They didn’t need to apply the changes touninsured mortgages, but many did anyway. Not this time. When the Department of Finance trimmed the insured amortization limit to 25 years on July 9, most […]
