That’s the fun part, you probably were already going to be!
Comment on Bank Workers, Rejoice!
webpack@ani.social 4 months agotrump just announced 50 year mortgages
this is so awesome I can’t wait to be in debt my entire life
bitjunkie@lemmy.world 4 months ago
Tryenjer@lemmy.world 4 months ago
Debt slavery is the new black.
bebabalula@feddit.dk 4 months ago
But are they really 17% interest rate?
Briguy@lemmy.world 4 months ago
No. Mortgage interest rates are in the 6’s right now in the US
ReluctantMuskrat@lemmy.world 4 months ago
No, it’s just some exaggeration to make it even more ridiculous. As if 50 years isn’t enough.
What’s really awful is when you see how little the payment lowers between a 30yr and 50yr mortgage with current rates. It’s not nearly as big a difference as you’d think.
sunbytes@lemmy.world 4 months ago
Don’t forget about paying back triple what you borrowed!
SaveTheTuaHawk@lemmy.ca 4 months ago
and your kids will be in debt.
If mortgages were capped to 20 years, the prices of houses would plummet.