Quote:
Originally Posted by Pairadocs
Don't doubt your stats since I really don't know them myself, but I am really surprised that 50% of the homes purchased by retirees are mortgaged. Expected some for various reasons, but 50% really did surprise me, thought it was be much lower.
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We bought designer model 4yrs ago using a 2.9% mtg. Money Markets were paying over 5%.