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50-Year Mortgages: Trump’s ‘Bad Deal’ Gets Respectful Hearing From Press (fair.org)

submitted 7 months ago by cm0002@libretechni.ca to c/usa@midwest.social

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[–] henfredemars@lemdro.id 4 points 7 months ago (1 children)

But the 50-year is mostly interest!

[–] SculptusPoe@lemmy.world 3 points 7 months ago

Yeah, that's the scam... If they were really looking to fix housing, they would give everyone 50 year loans at 0 interest on one primary residence or just enough interest to cover the paperwork.