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re: Trump promoting a 50 year mortgage. Dave Ramsey will lose his mind. Terrible idea - imo
Posted on 11/8/25 at 2:09 pm to AncientTiger
Posted on 11/8/25 at 2:09 pm to AncientTiger
Well this is good for the banks
0
Posted on 11/8/25 at 2:10 pm to goldennugget
quote:
This is so stupid and only appeals to those who cant do math
Explain why its more stupid than a 30yr fix?
Posted on 11/8/25 at 2:12 pm to AncientTiger
I remember when we collectively laughed at Sweden having mortgages over 100 year 
This is a legit "you will own nothing and like it" move
This is a legit "you will own nothing and like it" move
Posted on 11/8/25 at 2:12 pm to Yaboylsu63
quote:
I would bet that most couples likely plan to stay in their house for 10-15 years before selling and moving. Having this lower note might lower the threshold for gen z and gen a to get into homes.
What's the point of getting into a home for 10-15 years if you're only paying interest the whole time and not building any equity? How is that any better than renting when you're responsible for any and all repair and maintenance costs?
Posted on 11/8/25 at 2:13 pm to SDVTiger
quote:
This is a stable genius move
Lets stop pretending anyone pays off a home now with a 30yr fix
44% of single family homes are owned outright
Do you know how to do anything other than fellate Trump?
Posted on 11/8/25 at 2:13 pm to MajorityWhip
quote:
I mean, only poors have mortgages anyways.
so you bought your first house outright with cash?
Posted on 11/8/25 at 2:15 pm to beaux duke
quote:
so you bought your first house outright with cash?
First 2.
Posted on 11/8/25 at 2:16 pm to AncientTiger
Why stop at 50? Might as well do 100 year mortgage. fricking retarded
Posted on 11/8/25 at 2:16 pm to MajorityWhip
must be nice
where were they?
what was the price?
where were they?
what was the price?
Posted on 11/8/25 at 2:16 pm to Powerman
quote:
44% of single family homes are owned outright
I would have guessed maybe 25%.
Posted on 11/8/25 at 2:16 pm to AncientTiger
300k loan @6%= 1800/mo. for 30/yrs & 1600/mo. for 50 years.
If this pacifies people that are bad at math believe they too can buy a house one day, why get in the way of hope?
If this pacifies people that are bad at math believe they too can buy a house one day, why get in the way of hope?
Posted on 11/8/25 at 2:18 pm to UptownJoeBrown
quote:
50 years!?
Wouldn’t homes get even more expensive?
Posted on 11/8/25 at 2:18 pm to lsuconnman
quote:
If this pacifies people that are bad at math believe they too can buy a house one day, why get in the way of hope?
Posted on 11/8/25 at 2:24 pm to lsuconnman
quote:
300k loan @6%= 1800/mo. for 30/yrs & 1600/mo. for 50 years
But aside from that, this increases demand driving the price up anyway.
This post was edited on 11/8/25 at 2:28 pm
Posted on 11/8/25 at 2:24 pm to AncientTiger
Posted on 11/8/25 at 2:28 pm to AncientTiger
quote:
Trump promoting a 50 year mortgage
So that's his fix for inflation and making homes more affordable ?
What's his fix for lagging wages, an 80 hour work week ?
Posted on 11/8/25 at 2:32 pm to Bubble Trouble
The real way to fix housing prices is mass deportations and ending H1B and other "legal" immigration pathways
Posted on 11/8/25 at 2:36 pm to AncientTiger
Delete
This post was edited on 11/8/25 at 2:41 pm
Posted on 11/8/25 at 2:38 pm to AncientTiger
What a surprise. A career real estate agent is hocking life-long mortgages.
This will just normalize the average monthly mortgage payment (currently $2,776 per month) in perpetuity, making the average person (including you) a slave to the system for life.
This will just normalize the average monthly mortgage payment (currently $2,776 per month) in perpetuity, making the average person (including you) a slave to the system for life.
Posted on 11/8/25 at 2:38 pm to AncientTiger
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