Where we were....
(media.greatawakening.win)
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I cannot wrap my head around the idea of a 30 year mortgage. If I'm paying for a house for 30 years it better be a goddamn mansion.
You can get more return on your money than the 3% interest on the loan. Plus inflation over the long term makes it a loss for the bank. A fixed 30 year rate can be a good thing for many people. I suppose it depends on ones situation and what they are comfortable with.