Mortgage

The Benefits and Pitfalls of a 40-Year Mortgage

Overview In the realm of homeownership, the 40-year mortgage has emerged as an alternative to the traditional 30-year loan, offering extended repayment terms and potentially lower monthly payments. However, like any financial tool, it comes with its own set of benefits and pitfalls that homeowners should carefully consider before diving in. The Upside: Advantages of […]