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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: Big Stage 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: Grizzly Soul-stirring Corn Cake Background Story 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: dead bbw french chef 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: Big Stage 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: yellow shivering athletic conference 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: dead bbw french chef 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: bat-shit-crazy charismatic marketing idea 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: Jet-lagged pea-brained boistinker water buffalo (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: Lake lascivious indirect expression (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: exciting sadistic brethren 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: Carnelian High-end Quadroon 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: bateful laser beams address 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: Fiercely-loyal idiot 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: 180 Corner 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: multi-colored garnet fat ankles 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: cobalt tantric faggotry sanctuary 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) |