“When you extend a mortgage to 50 years, your payment only drops about $350 a month, but you end up paying three times the price of the house. The first 15 years you basically build no equity because you’re just paying interest. That creates a real problem for upward mobility. We don’t need a 50-year mortgage.” #news #realestate #investing #investment #didyouknow #shawnryanshow #podcast | Shawn Ryan Show
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