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I spoke to my mortgage guy about changing my rate or cancelling my mortgage altogether if we sell. I asked him about the deferral as wel as I figured it would be a shit show.
He said it’s there if people need it. Basically the same system they’ve always had where you could defer a month or two. All the interest gets put on you, so it’s a last case scenario for sure. Interesting thing he told me was, it was mostly very wealthy people inquiring about it. I couldn’t figure out if that was because they are trying to see if they can put it to good use, and the less wealthy haven’t thought that far ahead in their thought process or what?
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Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
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