Neil Irwin |
It’s a big purchase, so why not invest some time in basic financial analysisArticle |
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Staff Writer at The Washington Post | The Federal Reserve chairman, who bought a rowhouse on Capitol Hill in 2004 using an adjustable-rate mortgage, saw his payments surge in 2009. He refinanced late last year into a 30-year fixed-rate mortgage, for “a little over 5 percent,” as he told Time magazine. | |
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