- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Trump promoting a 50 year mortgage. Dave Ramsey will lose his mind. Terrible idea - imo
Posted on 11/10/25 at 10:53 pm to AncientTiger
Posted on 11/10/25 at 10:53 pm to AncientTiger
It can be an option for young people who want a home, but are not at the income level to have a 15 or 30 year option. A married couple who are entering the workforce and are sure to progress, it could be an option. You can always pay it off early or refinance.
4
Posted on 11/10/25 at 11:47 pm to ChanceOfRainIsNever
Get large corporations, PE, and especially foreign corporations out of owning single family homes. Problem solved.
Posted on 11/11/25 at 6:55 am to stelly1025
quote:Exactly.
It can be an option
And like any option, in some cases it may be a reasonable choice, in others it may be a poor one. I just don't get the gnashing of teeth over suggestions of offering it.
Posted on 11/11/25 at 7:00 am to stelly1025
I commented early in the thread but haven’t kept up. Are they talking a fixed rate for 50 years which sounds ludicrous or adjustable rates for 50 years (slightly less ludicrous)?
Posted on 11/11/25 at 7:03 am to Ebridg3
quote:
Maybe every contractor out there doesnt need to be driving a new 85k diesel truck
Bingo! When I was s kid in the 90s, contractors were a blue collar job. They still employed Americans, and they worked hard to feed their families. Now the GCs are richer than their doctor and lawyer clients.
Can we also start publicly blaming them for the insurance fiasco?
Posted on 11/11/25 at 7:08 am to NC_Tigah
quote:
Exactly.
And like any option, in some cases it may be a reasonable choice, in others it may be a poor one. I just don't get the gnashing of teeth over suggestions of offering it.
Exactly. This is about getting younger ppl to buy homes
Some its great for some isnt. But you can make this same arguement witha 15yr vs a 30yr fix
Posted on 11/11/25 at 7:10 am to NC_Tigah
quote:
I just don't get the gnashing of teeth over suggestions of offering it.
Have you never seen people on here or the OT comment about 60+ month car financing? That predates Trump, so its apolitical.
Posted on 11/11/25 at 7:14 am to NC_Tigah
quote:
I just don't get the gnashing of teeth over suggestions of offering it.
Because it does nothing to solve the home affordability issue and only has the opportunity to make it worse
Posted on 11/11/25 at 7:16 am to stelly1025
quote:
It can be an option for young people who want a home, but are not at the income level to have a 15 or 30 year option
The difference between a 30 yr and 50 yr is negligible as far as monthly payment is concerned.
Someone borrowing 250K and opting for a 50 yr would only lower their payment $90 month.
This post was edited on 11/11/25 at 7:18 am
Posted on 11/11/25 at 7:17 am to Powerman
quote:
Because it does nothing to solve the home affordability issue and only has the opportunity to make it worse
How doesnt it solve making it more affordible and how could it make it worse
You are a dumbarse who just said no one refinances to a higher rate despite it happening daily
Posted on 11/11/25 at 7:18 am to stelly1025
quote:
It can be an option for young people who want a home, but are not at the income level to have a 15 or 30 year option
Why don't they arbitrage the savings on renting for a few years to both save up savings and get a few pay bumps?
Seems more optimal than taking on the risk of a 50-year mortgage
Posted on 11/11/25 at 7:19 am to SDVTiger
quote:
How doesnt it solve making it more affordible
Again, you're only looking at it in terms of monthly payments
And that small help will be negated by the real issue: pricing inflation that occurs due to this policy. It will eat up all of that monthly payment advantage on an inferior financing plan.
Posted on 11/11/25 at 7:20 am to SDVTiger
quote:
How doesnt it solve making it more affordible and how could it make it worse
If it has the intended effect of more people qualifying that means that the available inventory will be reduced and the list prices inch up. List prices going up do not in any way make homes more accessible.
Posted on 11/11/25 at 7:22 am to Powerman
quote:
If it has the intended effect of more people qualifying that means that the available inventory will be reduced and the list prices inch up. List prices going up do not in any way make homes more accessible.
You ppl are incredibly dumb
Posted on 11/11/25 at 7:23 am to SlowFlowPro
quote:
And that small help will be negated by the real issue: pricing inflation that occurs due to this policy.
Correct. If anything we should eliminate the 30 year mortgage. If you set the max term at 25 years you would probably do more good than this ridiculous 50 year nonsense.
Posted on 11/11/25 at 7:32 am to SDVTiger
quote:
You ppl are incredibly dumb
So less inventory makes prices go down?
Posted on 11/11/25 at 7:34 am to TrueTiger
quote:
With property taxes, you never really own it anyway.
Greg Abbott is working to end those.
Posted on 11/11/25 at 7:36 am to grizzlylongcut
Posted on 11/11/25 at 7:37 am to Powerman
quote:
So less inventory makes prices go down?
Good grief. You said no one refis to a higher rate
Just please stop. You and sfp have embarrassed yourselves enough on thos convo
Posted on 11/11/25 at 7:41 am to SDVTiger
quote:
You said no one refis to a higher rate
Smart people certainly don't
Page 24 of 28
Popular
Back to top
Follow TigerDroppings for LSU Football News