ilmscore | 15-Year vs. 30-Year Mortgage Risk for Banks Predictions
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A 30-year mortgage is considered riskier for banks than a 15-year mortgage because their money is tied up for a longer period, leading to higher interest rates on 30-year loans compared to 15-year loans.
"the longer the bank has to go without their money the riskier the investment is and so when you comp..."
Jan 7, 2024
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