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 4 months ago
No. Mortgage interest rates are in the 6’s right now in the US