TOP COMMENTS FROM VIDEO BELOW
The 50 year mortgage is such a gift to the banks.
I took consumer math in high school ( ‘92 ). Really wonderful older lady teacher. She kept saying everything is a scam.
50 Year Loans & No Credit Score – What This Means For Home Prices!
Banks and mortgage companies will be ecstatic. In today’s world, how many people will live in a house for 50 years? The interest alone will be as much as the loan itself. Every mortgage transaction comes with hefty fees for all kinds of things. Banks, mortgage and insurance companies rake in the dough from these fees paid for by the applicant. Government subsides? Taxpayers will foot the bill as they did in the 2008 mortgage disaster.