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(Daily Mail)   Welcome to the world of 40-year mortgages   ( dailymail.co.uk) divider line
    More: Asinine, home price, Mark Carney, Niagara Falls FROZE, interest-only loan, mortgages, mortgage payments  
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3237 clicks; posted to Business » on 11 Jan 2014 at 8:22 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

Voting Results (Funniest)
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2014-01-11 10:47:17 AM  
1 vote:
If only refinance options for shorter terms were available.

/not seeing an issue here
2014-01-11 10:46:10 AM  
1 vote:
A renter and a buyers start out ...

39 years later, the buyers defaults, loses everything put into the house and has ruined credit. The renter is still renting.

Who comes out ahead in this scenario? The bank.
2014-01-11 09:26:49 AM  
1 vote:
I have no children and will be dead before it's paid off. There will be no one for you to go after by then. Jokes on you!
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