Warren Buffett's 2017 View: 30-Year Mortgage Is Best for Long-Term Homeowners

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In a 2017 CNBC interview, Warren Buffett called a 30-year mortgage the best instrument in the world for homebuyers who expect to stay in one place for years. Buffett cited his own $150,000 home purchase and said fixed payments become easier to handle over time as inflation reduces their real burden.

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