Tag: liquidity
WSJ.com article points out importance of 30 yr mortgage & liquidity
I originate very few 15 year mortgages. The reason? I believe that cash is king. Given that mortgage rates are at historical low levels I would rather see my clients take out a 30 year amortizing mortgage and invest the difference instead of potentially creating a cash-trap with a 15 year loan. Here’s an article [...]
Posted: April 12th, 2008 under Debt, Fixed Rate, General Mortgage Info., Mortgage Programs, Personal Finance.
Tags: 30 yr mortgage, liquidity
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