So if a familiy can afford 15 year, is 15 year better than 30 year?
we are in texas. ,the texas house value never go up, and hard to win from
stock market, and too late to enter into china house market,,, anyway, all
the investment have the possibility to lose money.... the only guarteen
win possibility is the bank rate goes higher in next few years. but how
high it could be. 5%?
if loan amt $300K, and the bank rate goes up to 5% at year end,2010, than
in next 15 years, (2011-2025), 30 y