Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Recommendations

6 members have recommended this reply (displayed in chronological order):

Their goal is to prevent you from owning anything. They can own it all, and you RockRaven Sunday #1
That is almost serfdom DBoon Sunday #31
Gee, that will shut up all those "affordability" whiners! pat_k Sunday #2
What next, interest payments only mortgages?? nt Disaffected Sunday #3
Interest-only mortgages were a fixture of predatory lending. pat_k Sunday #6
We got stuck in one of those. Took a long time to get out of it because the bubble burst. But we made it out. C Moon Sunday #14
Yeah, I forgot to add Disaffected Sunday #21
Could be worse - could be a negative amoritzation loan . . . hatrack Sunday #35
So basically, from Cradle 2 the Grave Coldwater Sunday #4
Almost nobody will ever be able to pay off their mortgage. Ocelot II Sunday #5
Also if you can't pay it off before you die (and most won't) then your estate/heirs RockRaven Sunday #10
This message was self-deleted by its author PeaceWave Sunday #7
Maybe so, but it's a patch that doesn't really help people. Morbius Sunday #9
This message was self-deleted by its author PeaceWave Sunday #11
It's still rather predatory. There are other means to make home ownership KPN Sunday #12
This message was self-deleted by its author PeaceWave Sunday #13
It is medieval serf living except the serfs, not the would be paying the taxes delisen Sunday #16
A 50 year loan is predatory. Bengus81 Sunday #17
I disagree. The whole housing market is increasingly predatory in recent years. KPN Sunday #22
This message was self-deleted by its author PeaceWave Sunday #25
You will pay for your whole life time dweller Sunday #8
I'll take the 15 year one. That's all I ever held on any of my sinkingfeeling Sunday #15
We did that too Bettie Sunday #20
Us as well Mossfern Sunday #26
This message was self-deleted by its author PeaceWave Sunday #27
And is the debt passed on to the next generation? milestogo Sunday #18
If it's unpaid, the lender holds the title to the home. So in that sense, no. But from the standpoint of leaving KPN Sunday #23
One of the housing issues is that seniors are remaining in their homes allegorical oracle Sunday #19
+1 leftstreet Sunday #24
I read this on FB & there wasn't a link, so take it for what it's worth. CrispyQ Sunday #30
If it is done when someone is 30, they will be paying on it until they are 80 UpInArms Sunday #28
This message was self-deleted by its author PeaceWave Sunday #29
Some people value the freedom of renting over the financial benefits of owership. CrispyQ Sunday #32
I have been a lifelong renter BeerBarrelPolka Sunday #34
At age 80, you may never own your house. no_hypocrisy Sunday #33
It seems like this is a way to solve the employment crisis jmowreader Sunday #36
Which would I pick? Bristlecone Sunday #37
This is another stupid trump idea LetMyPeopleVote Monday #38
It seems like the student loan fiasco where people these days pay applegrove Monday #39
A 15 yr loan works out to $3,375/mo. 207.6K interest. Mosby Monday #40
Latest Discussions»General Discussion»Trump likes 50 year mortg...»Reply #3