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Housing market for retiring baby boomers exploding in western Port St. Lucie » Mortgage Masters Group

15-Year, 20-Year, and 30-Year Fixed-Rate Mortgages The 15-year mortgage is paid over the course of fifteen years, the 20-year mortgage is paid over the course of twenty years, and so forth. The most common type of fixed-rate mortgage, and the most practical for many borrowers, is the 30-year fixed-rate mortgage.

Housing market for retiring baby boomers exploding in western port st. lucie mortgage Masters Group The 2000 census estimated there are more than 78 million baby boomers born between 1946 and 1964 are living in the United States. As this group enters retirement, many economists and market analysts predict how the housing market will be affected. baby boomers tend to be the richest age group in.

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