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Mortgage: the cheapest debt

Started by KCLau · 1 year ago

“Cheapest” means the lowest interest charged.Banker are willing to loan us money for buying houses because that is the most secured collateral. Why bother to settle the loan fast? The interest rate is only BLR + margin = 7~8% at this moment.

I bought adequate life insurance to cover my liability ( including mortgage). Thus, […] ... Continue reading »

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