The Trump/Pulte 50 year mortgage scheme is indeed really bad even before getting to the fact that it would probably increase home prices.
From naked capitalism via This RSS Feed.
The Trump/Pulte 50 year mortgage scheme is indeed really bad even before getting to the fact that it would probably increase home prices.
From naked capitalism via This RSS Feed.
People looking for a 50 year mortgage are also getting 7 year car loans. The idea is the same as pay day loans, they want to keep you in debt forever.