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allegorical oracle

(5,979 posts)

10. An economist on MSNBC today said that a 50-year mortgage would mean

Reply to Chasstev365 (Original post)

Tue Nov 11, 2025, 05:56 PM

Tuesday

that consumers would pay 40% more in interest than they would pay on a 30-year mortgage. And everybody knows that the earliest payments made on a loan goes toward interest rather than the principal. So if the holder of a 50-year mortgage needed to sell the home due to a job transfer or something, they wouldn't recoup much of the cost.

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

Yes riverbendviewgal Tuesday #1

This message was self-deleted by its author 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

This message was self-deleted by its author 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

This message was self-deleted by its author PeaceWave Tuesday #11

This is another stupid trump idea LetMyPeopleVote Tuesday #13

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