From Pariah to People's Choice. Why Floating Rates Will Soon Take the Mortgage Crown
It's hard to take a firm position on which mortgage term is optimal for most people at any given time. But on Friday, we did just that by awarding the "MVT" (most valuable term) to floating-rate mortgages.
Now, we take such declarations seriously and didn't just pull this call out of fortune cookie. Multiple factors went into MLN's analysis, including:
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