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September 07: Forty year mortgages to combat affordability crisis

by Staff Reporter•Wednesday, 5 Sep 2007•7 minute read

Genworth Financial has put its weight behind forty year mortgages, heralding the product as an important tool to combat the housing affordability crisis.

Martin Barter, Genworth Financial’s CEO, believes that longer term loans are the key to getting people into home ownership earlier.

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