The most prestigious law school admissions discussion board in the world.
|
 |
 
|
30-year mortgage seems insane given housing market cycles
Poast new message in this thread
Date: February 20th, 2018 4:20 PM Author: frozen doctorate institution 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: ivory address 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) |
|
Date: February 20th, 2018 4:32 PM Author: Mauve overrated senate 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. |
 |
Date: February 20th, 2018 4:52 PM Author: frozen doctorate institution 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) |
|
Date: February 20th, 2018 4:55 PM Author: bull headed center french chef how is that any different with a 15-yr mortgage? (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446862) |
|
Date: February 20th, 2018 5:00 PM Author: Mauve overrated senate The crash doesn't hurt until you sell. (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446894) |
|
Date: February 20th, 2018 6:01 PM Author: Glittery Jet Step-uncle's House HODL your HOEM (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447311) |
|
Date: February 20th, 2018 6:02 PM Author: vibrant national (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447321) |
|
Date: February 20th, 2018 6:05 PM Author: Indigo sick therapy (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447344) |
|
Date: February 20th, 2018 4:38 PM Author: translucent foreskin 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) |
|
Date: February 20th, 2018 4:57 PM Author: hateful cracking dilemma fat ankles japan has 100 year mortgages (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35446878) |
|
Date: February 20th, 2018 6:12 PM Author: Navy soggy tanning salon OP is very very dumb (http://www.autoadmit.com/thread.php?thread_id=3898674&forum_id=2#35447387) |
|
Date: February 20th, 2018 6:15 PM Author: demanding area 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) |
|
Date: February 20th, 2018 6:17 PM Author: Honey-headed mildly autistic lodge 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) |
|
Date: February 20th, 2018 6:30 PM Author: pink mad-dog skullcap rehab 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) |
|
Date: February 20th, 2018 6:19 PM Author: Onyx Gas Station Organic Girlfriend 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) |