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Is opting for a 40-year mortgage term a good idea?

Is opting for a 40-year mortgage term a good idea?

By Emily Phillips A young couple who took out a 40-year term mortgage still plan to retire in their 50s. Bryony Clarke, 27, purchased her three-bedroom duplex in December 2023 for $309,375 with partner Charlie, 27. They put down a 10% deposit of $30,938, and borrowed

The SBA Loan Limit Is Doubling, But It Won’t Matter for Most Small Businesses

The latest update from Trump's Small Business Administration presents itself as an Independence Day gift for entrepreneurs: up to $10 million in SBA financing. But small-business owners shouldn't start celebrating just yet. Beginning July 4, 2026, qualified borrowers will be able to access up to

Future uncertain for Seeley Swan Medical Center with ongoing deficit

SEELEY LAKE — Officials managing the Seeley Swan Hospital District are searching for answers to keep the local clinic running after its medical provider shared that it can no longer financially cover the clinic's operational shortfalls. Partnership Health Center (PHC) has operated the clinic since 2014, but the nonprofit

4 Mortgage Mindsets That Might Be Holding You Back

4 Mortgage Mindsets That Might Be Holding You Back

On a scale of one to Demogorgon, how uneasy does your mortgage make you feel? If it’s close to the flower-faced monster, you’re not alone. For many people, a mortgage is more than just a number — it’s the most money they will ever borrow, and it’

Weekly Mortgage Rates Rise Under Gloomy Economic Clouds

Mortgage rates are a lot like spring weather, changing just frequently enough to keep you checking the forecast. At least for now, rate trends feel less like a thunderstorm and more like a stubborn spring drizzle. The average rate on a 30-year fixed-rate mortgage rose 17 basis points

Locked Out: 3 Outdated Myths About Manufactured Homes

Locked Out: 3 Outdated Myths About Manufactured Homes

Manufactured homes have a reputation problem — but so did sardines, until foodies decided the humble little fish had a cool factor. Today’s homes have come a long way from the boxy trailers of the past. The stigma, however, has been slower to fade. So what will it take to

Asked on Reddit: Should I Pay Off My Mortgage or Pad Savings?

Asked on Reddit: Should I Pay Off My Mortgage or Pad Savings?

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. A Reddit user recently asked whether it makes sense to pay off