40 year mortgages will turn into 50 year mortgages, then 50 year mortgages will become 100 year mortgages, and pretty soon, we'll be piling on debt that we can legally kick to our great grand children.
Fiat.
It's a disease.
Hold up are they doing 40 year mortgages now? Banks won’t even be around that long
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True if big
Just approved
https://www.wptv.com/money/real-estate-news/federal-housing-administration-greenlights-40-year-mortgages?_amp=true
They may be new over there but not in Europe!
Make it 80 years, I want to be happy
Should i be putting this in the same disconcerting category as companies laying off recruiters and mcdonald’s closing HQ? 😳📉
Yikes!
