Don’t forget about paying back triple what you borrowed!
Comment on Bank Workers, Rejoice!
webpack@ani.social 2 days agotrump just announced 50 year mortgages
this is so awesome I can’t wait to be in debt my entire life
sunbytes@lemmy.world 2 days ago
Tryenjer@lemmy.world 1 day ago
Debt slavery is the new black.
bebabalula@feddit.dk 1 day ago
But are they really 17% interest rate?
ReluctantMuskrat@lemmy.world 1 day 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.
Briguy@lemmy.world 23 hours ago
No. Mortgage interest rates are in the 6’s right now in the US
bitjunkie@lemmy.world 1 day ago
That’s the fun part, you probably were already going to be!
SaveTheTuaHawk@lemmy.ca 1 day ago
and your kids will be in debt.
If mortgages were capped to 20 years, the prices of houses would plummet.