Judging by how ridiculously ignorant Americans are, this idea will likely be met with applause and fanfare. 50 year mortgages, 25 year student loans, 8 year auto loans, endless credit card debt... what could go wrong?
Just another FUCKING example of the con artists and grifters that are running a criminal treasonous administration with the ORANGE ASSHOLE at its head!
Scott Turner will not have ANYthing to do with the implementation of approval for 50-year mortgages.. Those who do, just sent him out to take any flak. Bill Pulte is the chief MAGAtt appointee behind this, and other schemes, including the reckless, baseless prosecutions of Tish James, Eric Swallwell, Adam Schiff for alleged mortgage fraud. It is all MAGAtt revenge under color of "law." Pure gangster moves.
50 yr mortgage sounds like another huge collapse in the financial industry. Maybe we shouldn't bail them out this time. Just screw the average American again.
You didn't emphasize that the one winner in this deal is the financial institutions that collect higher interest for longer. I got out of a 30-year mortgage in 25. I've never had a car loan longer than 3 years (3 of them). When I paid off a second car I kept making the payment to myself, earned a bit of interest and paid for most of the next car. I did have two mortgage refinances - one to get out of a 12 3/4% interest started in 1980, the second to build a small addition. I retired at 64 debt-free w/o no bills beyond monthly utilities. I have two brothers who did none of these who are now unable to get out of debt. One took on a new 30-year mortgage on a 60-year-old house at age 60. He's sunk. Both think I took the smart route.
Let’s go from the general to the specific. RRE, Republicans Ruin Everything.
Theft by any other name is still theft. The banks crashed the world economy in 2007–2008. There was massive financial fraud and none of them went to prison. They should’ve gone to prison and been tortured and tortured and tortured and tortured and tortured in order to send a message to other billionaire slime.
Everything Trump and his Republican slimeballs do his related directly to greed and wealth.
That’s how it is peasants/serfs. Somebody needs to press the reset button. Somehow I think the reset button is gonna look like a mushroom shaped cloud. ☢️
If Americans had the courage and the common sense of the Ukrainians this would never have happened.
Bingo. And as far as screwing us, they already have. I'd say for at least 10 years now. They definitely didn't stop during Biden's administration. They're really on a roll now...........
Absolutely ludicrous idea, 50 year mortgage, when the median age to purchase first house is 40 years old! Do you have any idea how much friggin interest you will pay. Damn Republicans are for banks and corporate America. We have to build more affordable smaller homes. Get Private Equity out of the home buying business. Call your Senators and Congressional Representative.
Boy they really think they’ve outsmarted a bunch of dumb sheep- who will profit from this totally ridiculous idea of a plan??? The money guys- the bankers, realtors and money lenders- NOT NEW LITTLE FAMILIES JUST TRYING TO NEST. The regime has hit another idiotic low
The local news in Los Angeles recently broadcasted that the burned out vacant lots in the Malibu area are being purchased by large corporate investors rather than individuals. It seems, according to your article, that will only push prices higher. What can be done to keep properties from being swept up by these large investor groups?
Judging by how ridiculously ignorant Americans are, this idea will likely be met with applause and fanfare. 50 year mortgages, 25 year student loans, 8 year auto loans, endless credit card debt... what could go wrong?
Like renting but with interest 🙄
Just another FUCKING example of the con artists and grifters that are running a criminal treasonous administration with the ORANGE ASSHOLE at its head!
No reason to sugar coat it (haha -- kidding). I'm with you.
I think that they already have offered nothing but false promises and lies and that only the destruction they promised has come true!
Exactly what Trump and Republicans want, an entire country in debt to them. They can bite a nasty arse.
Only thing I can think is that you'd maybe die before you're done? Still a rip off though.
And nothing to pass on to your children but the unpaid balance
Scott Turner will not have ANYthing to do with the implementation of approval for 50-year mortgages.. Those who do, just sent him out to take any flak. Bill Pulte is the chief MAGAtt appointee behind this, and other schemes, including the reckless, baseless prosecutions of Tish James, Eric Swallwell, Adam Schiff for alleged mortgage fraud. It is all MAGAtt revenge under color of "law." Pure gangster moves.
50 yr mortgage sounds like another huge collapse in the financial industry. Maybe we shouldn't bail them out this time. Just screw the average American again.
You didn't emphasize that the one winner in this deal is the financial institutions that collect higher interest for longer. I got out of a 30-year mortgage in 25. I've never had a car loan longer than 3 years (3 of them). When I paid off a second car I kept making the payment to myself, earned a bit of interest and paid for most of the next car. I did have two mortgage refinances - one to get out of a 12 3/4% interest started in 1980, the second to build a small addition. I retired at 64 debt-free w/o no bills beyond monthly utilities. I have two brothers who did none of these who are now unable to get out of debt. One took on a new 30-year mortgage on a 60-year-old house at age 60. He's sunk. Both think I took the smart route.
Let’s go from the general to the specific. RRE, Republicans Ruin Everything.
Theft by any other name is still theft. The banks crashed the world economy in 2007–2008. There was massive financial fraud and none of them went to prison. They should’ve gone to prison and been tortured and tortured and tortured and tortured and tortured in order to send a message to other billionaire slime.
Everything Trump and his Republican slimeballs do his related directly to greed and wealth.
That’s how it is peasants/serfs. Somebody needs to press the reset button. Somehow I think the reset button is gonna look like a mushroom shaped cloud. ☢️
If Americans had the courage and the common sense of the Ukrainians this would never have happened.
Bingo. And as far as screwing us, they already have. I'd say for at least 10 years now. They definitely didn't stop during Biden's administration. They're really on a roll now...........
Absolutely ludicrous idea, 50 year mortgage, when the median age to purchase first house is 40 years old! Do you have any idea how much friggin interest you will pay. Damn Republicans are for banks and corporate America. We have to build more affordable smaller homes. Get Private Equity out of the home buying business. Call your Senators and Congressional Representative.
A new version of the company store. Forever debt you can’t escape
Ka bookie theater
Boy they really think they’ve outsmarted a bunch of dumb sheep- who will profit from this totally ridiculous idea of a plan??? The money guys- the bankers, realtors and money lenders- NOT NEW LITTLE FAMILIES JUST TRYING TO NEST. The regime has hit another idiotic low
The local news in Los Angeles recently broadcasted that the burned out vacant lots in the Malibu area are being purchased by large corporate investors rather than individuals. It seems, according to your article, that will only push prices higher. What can be done to keep properties from being swept up by these large investor groups?