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0:52
Instagram
overgenpoverty
Viviana Vazquez 💸 First-Gen Money Content on Instagram: "50-year mortgages 🏠 Good idea or new debt trap? 👀 #50yearmortgage #moneytok #moneytalk #FinancialLiteracy
This video delves into the proposal of 50 year mortgages, analyzing the potential benefits of reduced monthly payments and increased affordability, versus the drawbacks of extended debt and higher interest payments. We also examine the impact on first-generation homebuyers and the broader housing market.
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