RES 301 Week 4 Discussion 2 Mortgage Borrowing / Principles of Real Estate
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Mortgage Borrowing. 1st Post Due by Day 3. A homeowner is attempting to decide between a 15 yearmortgage loan at 5.5 percent and a 30 year loan at 5.9 percent. What would you advise? What would you advise if the borrower also has a large amount of credit card debt outstanding at a rate of 15 percent? Respond to at least two of your classmates' posts.
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