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In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the case in many other countries. This is partially
In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the case in many other countries. This is partially due to the US government involvement with firms like Fannie Mae and Freddie Mac.
Why might the private sector not provide this product? Is it a good thing that the government is intervening in the way that it is?
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Open House Registry
Authors: David Helt
1st Edition
B0BHTFCMV1
