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AZJonnie

(2,518 posts)

12. I'm mainly just complaining about the bullshit self-aggrandizement of putting Trump on a sign with FDR

Tue Nov 11, 2025, 04:18 PM

Nov 11

and comparing them both as "Great Presidents". Esp. when FDR had nothing to do with 30 year mortgages, and longer mortgages (over 30 years) have been bandied about for decades. It's not even CLOSE to his own idea.

I really don't care if 50 year mortgages (or 40 year ones) are "allowed" as long as there are still shorter ones. Not really my business. Consumers DO need to be well-informed, however, and I would be concerned that if there's suddenly 50 year mortgages due to their actions, the Trumputin-GQP axis will somehow make sure that they are available only from their cronies and campaign contributors and as deceptively-marketed, with the shittiest terms, possible.

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This message was self-deleted by its author [View all] PeaceWave Nov 11 OP

Who cares? n/t leftstreet Nov 11 #1

Very simple BeerBarrelPolka Nov 11 #2

50 year mortgages are like reverse mortgages. No one should use them unless absolutely necessary. But agree with post. Silent Type Nov 11 #3

This message was self-deleted by its author PeaceWave Nov 11 #4

Except sometimes folks have no choice. Silent Type Nov 11 #5

This message was self-deleted by its author PeaceWave Nov 11 #18

Yes,reverse M's tack on a lot of fees that eventually eat up all your equity, they are one of the worst bankster scams,. yaesu Nov 11 #7

This message was self-deleted by its author PeaceWave Nov 11 #11

Don't see any evidence majority of Dems embraced 40 yr mortgages uponit7771 Nov 11 #15

I never embraced 40 year mortgages pat_k Nov 11 #6

Is the mortgage schedule part and parcel of the Democratic platform? Torchlight Nov 11 #8

10 year difference. We don't have adequate renovation programs. The homes are too BIG. bucolic_frolic Nov 11 #9

This message was self-deleted by its author PeaceWave Nov 11 #10

I'm mainly just complaining about the bullshit self-aggrandizement of putting Trump on a sign with FDR AZJonnie Nov 11 #12

This message was self-deleted by its author PeaceWave Nov 11 #13

Link to majority Dems embracing 40 yr mortgages under Obama ...tia uponit7771 Nov 11 #14

We? demmiblue Nov 11 #16

40 year loans were not widely embraced under Obama. And Obama himself clearly did not embrace them. Wiz Imp Nov 11 #17

This message was self-deleted by its author PeaceWave Nov 11 #24

40 year mortgages were one element of a package of comprehensive reforms DBoon Nov 11 #26

Bullshit. Wiz Imp Nov 11 #29

The way we do it is to propose a national credit union that will make SIMPLE INTEREST home loans Volaris Nov 11 #19

40+ year mortgages are SMART in the right market conditions... WarGamer Nov 11 #20

This message was self-deleted by its author PeaceWave Nov 11 #21

Lower payments doesn't mean more affordable Happy Hoosier Nov 12 #36

It's a quesiton of affordability. So either fix wages or fix real property prices. flvegan Nov 11 #22

This message was self-deleted by its author PeaceWave Nov 11 #23

I have no problem with 40 or 50 yr mortgages ... PBC_Democrat Nov 11 #25

I hated the idea of a 40 yr mortgage then Sailingdiver Nov 11 #27

Yes, a 50 year mortgage and the amount of interest paid over that period is insane. CentralMass Nov 11 #28

You left out some critical facts: spooky3 Nov 11 #30

I didn't know that I or we embraced 40 year loans Renew Deal Nov 11 #31

The average voter doesn't know either newdeal2 Nov 12 #35

But is there a universal problem or solution JT45242 Nov 11 #32

This message was self-deleted by its author PeaceWave Nov 11 #34

Take a good look at the graph you reference in your OP. Totally Tunsie Nov 11 #33