QUINTANILLA: What's more likely -- a $2,000 tariff rebate check or a 50 year mortgage? HASSETT: They're both really good ideas
219 reposts898 likes
QUINTANILLA: What's more likely -- a $2,000 tariff rebate check or a 50 year mortgage? HASSETT: They're both really good ideas
219 reposts898 likes
Remember when @verminsupreme.bsky.social Vermin Supreme promised everyone free ponies as part of his campaign, and everyone thought it was satire?
To paraphrase Mel Brooks, a 50 year mortgage is good for the mortgage lender but not for the mortgage payer www.youtube.com/watch?v=FPZ4...
Just hours after President Donald Trump floated the idea of sending Americans $2,000 checks, Treasury Secretary Scott Bessent immediately contradicted the proposal during a live appearance Sunday on ABC’s “This Week.” www.rawstory.com/trump-267427...
@radiofreetom.bsky.social you would have to buy your house at 18 to pay it off by retirement
What the financial system needs is for trillions of dollars in 2.375% 50 year notes to be circulating. That will be great for bank balance sheets. The 30 year variety didn't quite set off a proper bank run. Seriously though, lending at these durations is just wildly dangerous unless you price higher
Are they still pushing for 50 year mortgage? bsky.app/profile/fint...
THE MEDIAN AGE OF A U.S. HOME BUYER NOW SITS AT A RECORD HIGH OF 61 YEARS, PER NAR.