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Mortgage term reduced if paid in foreign currency

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  • Mortgage term reduced if paid in foreign currency

    According to Alexander Associates Group (AAG), mortgage debts could be reduced if they are taken out in a foreign currency. AAG, the financial management firm, recommends that overseas property investors should consider multi-currency mortgages if they want to avoid the harmful effects of exchange rate variations.David Alexander, AAG’s CEO, said you would hope over a [...]

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