Exploring the Viability of 40-Year Mortgages: Pros and Cons

Introduction In today’s housing market, the traditional 30-year mortgage is no longer the only option for homeowners. With the soaring prices of homes and increasing interest rates, many are turning to alternative mortgage options, such as the 40-year mortgage. This longer mortgage term allows for smaller monthly payments, making homeownership more attainable for some. But […]