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

Silent Type

(12,006 posts)
3. 50 year mortgages are like reverse mortgages. No one should use them unless absolutely necessary. But agree with post.
Tue Nov 11, 2025, 03:47 PM
Tuesday

We do have a hypocrisy problem at times.

Was surprised to see some DUers complaining about Fannie Mae lowering credit score to 620 for consideration. They aren't approving loans just because of that, but they aren't denying them either. Sounds like a good thing in any other world.

I hope we get our bearings before midterms.

Recommendations

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

Who cares? n/t leftstreet Tuesday #1
Very simple BeerBarrelPolka Tuesday #2
50 year mortgages are like reverse mortgages. No one should use them unless absolutely necessary. But agree with post. Silent Type Tuesday #3
This message was self-deleted by its author PeaceWave Tuesday #4
Except sometimes folks have no choice. Silent Type Tuesday #5
This message was self-deleted by its author PeaceWave Tuesday #18
Yes,reverse M's tack on a lot of fees that eventually eat up all your equity, they are one of the worst bankster scams,. yaesu Tuesday #7
This message was self-deleted by its author PeaceWave Tuesday #11
Don't see any evidence majority of Dems embraced 40 yr mortgages uponit7771 Tuesday #15
I never embraced 40 year mortgages pat_k Tuesday #6
Is the mortgage schedule part and parcel of the Democratic platform? Torchlight Tuesday #8
10 year difference. We don't have adequate renovation programs. The homes are too BIG. bucolic_frolic Tuesday #9
This message was self-deleted by its author PeaceWave Tuesday #10
I'm mainly just complaining about the bullshit self-aggrandizement of putting Trump on a sign with FDR AZJonnie Tuesday #12
This message was self-deleted by its author PeaceWave Tuesday #13
Link to majority Dems embracing 40 yr mortgages under Obama ...tia uponit7771 Tuesday #14
We? demmiblue Tuesday #16
40 year loans were not widely embraced under Obama. And Obama himself clearly did not embrace them. Wiz Imp Tuesday #17
This message was self-deleted by its author PeaceWave Tuesday #24
40 year mortgages were one element of a package of comprehensive reforms DBoon Tuesday #26
Bullshit. Wiz Imp Tuesday #29
The way we do it is to propose a national credit union that will make SIMPLE INTEREST home loans Volaris Tuesday #19
40+ year mortgages are SMART in the right market conditions... WarGamer Tuesday #20
This message was self-deleted by its author PeaceWave Tuesday #21
Lower payments doesn't mean more affordable Happy Hoosier Wednesday #36
It's a quesiton of affordability. So either fix wages or fix real property prices. flvegan Tuesday #22
This message was self-deleted by its author PeaceWave Tuesday #23
I have no problem with 40 or 50 yr mortgages ... PBC_Democrat Tuesday #25
I hated the idea of a 40 yr mortgage then Sailingdiver Tuesday #27
Yes, a 50 year mortgage and the amount of interest paid over that period is insane. CentralMass Tuesday #28
You left out some critical facts: spooky3 Tuesday #30
I didn't know that I or we embraced 40 year loans Renew Deal Tuesday #31
The average voter doesn't know either newdeal2 Wednesday #35
But is there a universal problem or solution JT45242 Tuesday #32
This message was self-deleted by its author PeaceWave Tuesday #34
Take a good look at the graph you reference in your OP. Totally Tunsie Tuesday #33
Latest Discussions»General Discussion»This message was self-del...»Reply #3