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30-year mortgage seems insane given housing market cycles
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Date: February 20th, 2018 4:20 PM Author: Sadistic Diverse Electric Furnace not to mention the fact literally no one has that kind of job security anymore (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446626) |
Date: February 20th, 2018 4:26 PM Author: Nudist puppy blood rage If we had any balls at all, working in the mortgage or banning industries would be extremely hazardous for one's health. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446658) |
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Date: February 20th, 2018 4:32 PM Author: Self-centered slap-happy base I don't know what you're getting at with respect to cycles.
And houses can be sold if the owner can no longer afford it. |
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Date: February 20th, 2018 4:52 PM Author: Sadistic Diverse Electric Furnace What if you buy the house at the top and the market crashes the next week? You’re fucked. It can be hard to unload if you need to move depending on the market as well (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446844) |
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Date: February 20th, 2018 4:55 PM Author: Marvelous bull headed digit ratio how is that any different with a 15-yr mortgage? (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446862) |
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Date: February 20th, 2018 5:00 PM Author: Self-centered slap-happy base The crash doesn't hurt until you sell. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446894) |
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Date: February 20th, 2018 6:01 PM Author: yapping locale haunted graveyard HODL your HOEM (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447311) |
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Date: February 20th, 2018 6:02 PM Author: glassy beta keepsake machete (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447321) |
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Date: February 20th, 2018 6:05 PM Author: Medicated Rusted Set (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447344) |
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Date: February 20th, 2018 4:38 PM Author: submissive sienna new version home Most people can't comfortably make the 15 year payment on the house they want to buy. Even if they can, it makes sense to take the lower payment on the 30 year and invest at a higher rate, pocketing the difference and becoming more liquid. The calculus changes a little with the mortgage deduction capped, but the 30 year is still optimal for those with some risk tolerance. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446747) |
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Date: February 20th, 2018 4:57 PM Author: twinkling appetizing codepig japan has 100 year mortgages (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446878) |
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Date: February 20th, 2018 6:12 PM Author: cobalt theatre OP is very very dumb (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447387) |
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Date: February 20th, 2018 6:15 PM Author: supple ruby corner faggot firefighter the 30-year mortgage is an awesome deal for homebuyers. it's mostly possible due to subsidies from the federal government. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447419) |
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Date: February 20th, 2018 6:17 PM Author: emerald idiot CR. Where else can you get a 30-year loan at 3.75% interest? (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447431) |
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Date: February 20th, 2018 6:30 PM Author: mind-boggling fighting police squad garrison only a matter of time before Fannie and Freddie go bankrupt again (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447521) |
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Date: February 20th, 2018 6:19 PM Author: Spectacular carmine dingle berry I literally never considered, nor could I have afforded, anything other than a 30-year loan. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447445) |