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On 17 Nov 2003 01:28:48 GMT, N2EY wrote:
Here's another one for ya: I bet neither of us would have any problem getting a 30 year mortgage, even though we'd be nearly 80 when said mortage was paid off (barring any advance payments). Huh? We got a 30-year mortgage four years ago notwithstanding that I was retired on a moderate pension, my wife was an independent contract employee close to retirement age, and both of us would be over 90 when it matured. Not only that, we refinanced it last year starting a new 30 year clock. In reality we rent the place from Fannie May or Freddy Mac, whomever wound up with the paper..... We know it, they know it..... -- 73 de K2ASP - Phil Kane From a Clearing in the Silicon Forest Beaverton (Washington County) Oregon |
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