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30-year mortgage seems insane given housing market cycles

not to mention the fact literally no one has that kind of jo...
Boyish theatre
  02/20/18
If we had any balls at all, working in the mortgage or banni...
charismatic location
  02/20/18
I don't know what you're getting at with respect to cycles. ...
bisexual kitchen
  02/20/18
What if you buy the house at the top and the market crashes ...
Boyish theatre
  02/20/18
how is that any different with a 15-yr mortgage?
Sexy sandwich becky
  02/20/18
The crash doesn't hurt until you sell.
bisexual kitchen
  02/20/18
HODL your HOEM
Costumed Rough-skinned Keepsake Machete Stage
  02/20/18
...
Fluffy beta lettuce
  02/20/18
...
Swashbuckling Trump Supporter
  02/20/18
Most people can't comfortably make the 15 year payment on th...
frozen beady-eyed gaping
  02/20/18
japan has 100 year mortgages
Internet-worthy lascivious foreskin
  02/20/18
OP is very very dumb
spruce vengeful haunted graveyard trailer park
  02/20/18
the 30-year mortgage is an awesome deal for homebuyers. it's...
hyperventilating hot parlor
  02/20/18
CR. Where else can you get a 30-year loan at 3.75% interest?
Pungent Concupiscible Faggotry Church Building
  02/20/18
only a matter of time before Fannie and Freddie go bankrupt ...
Scarlet library partner
  02/20/18
I literally never considered, nor could I have afforded, any...
Plum marvelous messiness tank
  02/20/18


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Date: February 20th, 2018 4:20 PM
Author: Boyish theatre

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)



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Date: February 20th, 2018 4:26 PM
Author: charismatic location

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: bisexual kitchen

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.

(http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446689)



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Date: February 20th, 2018 4:52 PM
Author: Boyish theatre

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: Sexy sandwich becky

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: bisexual kitchen

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: Costumed Rough-skinned Keepsake Machete Stage

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: Fluffy beta lettuce



(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: Swashbuckling Trump Supporter



(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: frozen beady-eyed gaping

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: Internet-worthy lascivious foreskin

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: spruce vengeful haunted graveyard trailer park

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: hyperventilating hot parlor

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: Pungent Concupiscible Faggotry Church Building

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: Scarlet library partner

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: Plum marvelous messiness tank

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)