Thread - Nostr Hypermedia

Curious about the 50 year mortgage being proposed in the states? The knock on effects of this change could be huge. Proping up the real estate ponzi, enslaving people with debt, and the potential to arbitrage the cheap debt to make millions. Learn more on my latest episode.

Fountain

Bitcoin Not Crypto • 50 year mortgage is either a blessing or a curse. Here's why. • Listen on Fountain

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Replies (2)

Mike Beatty 1 month ago

No way! Is this actually happening? In the UK you can get a max 5 year fixed interest rate in most cases - I think there are a few terrible rates you can get for a 10 year fixed rate- but in the US or Canada isn’t a longer fix more common?

ForrestHODL 1 month ago

In Canada it's similar to UK. In us it's very common for the interest rate term to be the full length of the mortgage