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

General Discussion

Chasstev365

(6,706 posts) Tue Nov 11, 2025, 05:34 PM Tuesday

The "50 Year Mortgage." [View all]

Sure; what could go wrong?

Now young people making $75,000 a year will buy a 1.3 million home because it's for 50 years! Then, they'll discover they can't make their payments when the have shit or no healthcare or lose their jobs with the looming recession.

Also, banks will be more than willing to make the risky loans.

Can you say 2008 all over again?

15 replies

= new reply since forum marked as read

Highlight:

The "50 Year Mortgage." [View all] Chasstev365 Tuesday OP

Yes riverbendviewgal Tuesday #1

Crunch the actual numbers and you'll see how unlikely it is that such a loan would ever be approved... PeaceWave Tuesday #2

I hope you're right. Many banks in the 2000s made loans to people they knew should not be approved. Chasstev365 Tuesday #4

THIS. snot Tuesday #12

would you please do the same... ret5hd Tuesday #8

The difference will depend on the interest rate... PeaceWave Tuesday #9

MaddowBlog-The Trump White House throws its support behind new, 50-year mortgages LetMyPeopleVote Tuesday #3

They want us to be in debt until we die. redstatebluegirl Tuesday #14

The financial blog Wolf Street agrees. . . DinahMoeHum Tuesday #5

Thank you for sharing this! Chasstev365 Tuesday #6

You're welcome. I subscribe to this blog. . . DinahMoeHum Tuesday #7

They are going to convince the masses redstatebluegirl Tuesday #15

An economist on MSNBC today said that a 50-year mortgage would mean allegorical oracle Tuesday #10

Let's dissect what the economist said... PeaceWave Tuesday #11

This is another stupid trump idea LetMyPeopleVote Tuesday #13