Confessions on Sidechat | It sucks, but 50 year mortgages are more than likely going to be a thing because housing is so expensive.

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It sucks, but 50 year mortgages are more than likely going to be a thing because housing is so expensive.

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Anonymous 1w

I don’t think so. They don’t change the price of a house that much. They’ll still be an option, just not the favorable option. Just like how you can finance a car for 72 months.

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Anonymous

#1 1w

Yeah I knew that it would only change how much you pay each month on the payments.

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Anonymous

OP 1w

And then well we already have 30 year mortgages. I’m sure they weren’t favorable when they first came and still likely not favorable today. So it’s like yeah, why not? 50 years

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