This is my first post. I am retired USAF and all the posts about mortgages got me thinking about a few mortgage related questions I have. I live near two major bases, have a couple friends who are realtors, and these are some of the observations I have made in my neighborhood about, 0-2 thru 0-5, and home mortgages.
Ob1#. Get the best or close to the best interest rate available.
Ob2#. Realtors top rated customer base, 5 stars.
Ob3#. Average length of holding mortgage 3 to 5 years before PCS or retirement for senior folks.
Ob4#. 0-2/3 first mortgage in career, 0-4 second or more mortgages in career, 0-5 third or more mortgages in career.
Based on my gut observations i was wondering; apx how many mortgages would a typical officer hold during a normal career (20 to 30 years) and whats is the average length of the mortgage?