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110 sats \ 6 replies \ @kepford 10h \ on: How to get filthy rich with the 50 Year Mortgage econ
50 year mortgages. What could go wrong? Seems likely this is a signal to me. Of what? Not sure.
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124 sats \ 3 replies \ @Undisciplined 10h
The bigger question is why these don't already exist.
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110 sats \ 1 reply \ @SimpleStacker 10h
My understanding is 30 year fixed rate wouldn't even exist except for the backstop provided by Freddie and Fannie
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209 sats \ 0 replies \ @Undisciplined 9h
Right, so these would be an even greater transfer of risk to the taxpayers from the banks.
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0 sats \ 0 replies \ @BlokchainB OP 9h
Haha
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127 sats \ 0 replies \ @SimpleStacker 10h
Of Trump panicking, imo
I'm panicking a bit too, it seems like my California is going even further left. If the result of Trump is making California go further left, then Trump is a failure in my eyes.
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0 sats \ 0 replies \ @BlokchainB OP 10h
The boomers rode the 30 year mortgage to wealth those who are smart can do the same with the 50 year
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