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Buying a house- which is better option- line of credit or normal mortage? |
Buying a house- which is better option- line of credit or normal mortage? i prefer a traditional mortgage with a fixed rate if the rates go down you can always refinance with an adjustable mortgage your house payment amount is subject to the housing market if possible try to go for a 20 or 25 yr mortgage instead of 30 those 5 or 10 yrs can be many thousands more you pay for your home for not really that much less a month |
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