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Old 05-28-2008, 01:23 PM
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Quote:
Originally Posted by MonkeyMama View Post
I see quite a few retirees taking on mortgages and moving up to much larger houses in retirement. They don't have the cash for it in the least. I think it is quite common these days for people expect to pay their mortgages forever.
True. I saw a stat recently that I can't recall about the percentage of seniors with mortgages and that number has been steadily rising.
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