Mortgage Experts - Interest Over 30-Yr Mortgage Exceeds Home Price
So the ECOA topic was a bit niche, but how about this one:
According to a recent analysis, the interest someone will pay on typical home over the life of a 30-year mortgage is now more than the purchase price of the property.
I'm working an article that will discuss why that is and what strategies people can use to reduce their interest costs.
Any mortgage/finance experts want to weigh in on this one? Hoping to schedule calls for tomorrow, although Friday morning would work too. As always, appreciate your leads!
#journorequest #sourcing #mortgage #homebuying
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