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/biz/ - Business & Finance

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File: 839 KB, 1170x1624, D0898128-745E-4118-B537-F343EAC11698.jpg [View same] [iqdb] [saucenao] [google]
54486454 No.54486454 [Reply] [Original]

I wonder who will profit from this…

>> No.54486493

>article
https://www.wptv.com/money/real-estate-news/federal-housing-administration-greenlights-40-year-mortgages

>> No.54486508
File: 115 KB, 1280x720, 84563146532.jpg [View same] [iqdb] [saucenao] [google]
54486508

>>54486454
>>54486493
>This will make it easier for first time home-buyers

>> No.54486545

>>54486454
Exactly. It will just increase demand and pump numbers up overall, making it even more unaffordable by letting lower income retards get in the game

>> No.54486584

>>54486454
I refuse to believe anyone with double digit IQ didn’t see this coming.
There is absolutely no way they let real estate prices fall.

>> No.54486600

>>54486545
funny how you're just become almost eternal source of profit, once you're hooked

notice that they can make housing affordable but then... how they will got profit?

elites are always same

>> No.54486614

>reduce your payment by $150 per month
>end up paying 5 million dollars extra over the life of the loan
>kek, this is good for the little guy trust us

>> No.54486628

>>54486545
This... I'm so glad I already bought.

>> No.54486638

>>54486454

Kek you may as well rent at that point

>> No.54486652

They've already relaxed requirements to those with a pulse.
desperate attempt to prop up the housing market but it will fail

>> No.54486693

>>54486638
rent can increase year over year

>> No.54486720

Heh. House go up again no homers.

>> No.54486745

>>54486693
I dont think its 40yrs fixed rate so the payment can increase too

>> No.54486750

>>54486454
Why do you care?
It's not like you'll ever be able to afford a house.

>> No.54486765

>>54486454
Terrible, just terrible. Too bad I'm paid off.

>> No.54486855
File: 76 KB, 837x540, vinu.png [View same] [iqdb] [saucenao] [google]
54486855

>>54486454
I'm literally profiting from a small blue dog currency called VINU, I don't know why you wouldn't profit from something as stupid as that

>> No.54486868

>"I like money," says Sonsire Gonzalez, a real estate agent in Port St Lucie"
>"Woah. I can't believe you like money too. We should hang out."

>> No.54486888

>>54486745
And if it is?

>> No.54486892

>Bankrate.com recently compared 30- and 40-year mortgages and found on a $312,000 loan at 6.85% interest, the monthly payments were $2,044 for 30 years and $1,904 for 40 years.
So pay $140/mo less for 25% more overall, kek

>> No.54486899
File: 480 KB, 1536x1084, 2C74F71A-B850-49B3-80FB-A1D2AB49DF7C.jpg [View same] [iqdb] [saucenao] [google]
54486899

Who does this really help?

>> No.54488055

>>54486454
>2050
>Government approves multi-generational mortgages
>if it helps people get into a house, it's a good thing

>> No.54488081

>>54486454
Because banks would approve a homeless person for a 40 year mortgage, for sure...

>> No.54490068

Anything to keep the bubble inflated!

>> No.54490102

>>54488055
yeah keep quite goy

>> No.54490122

>>54486454
jesus christ housing prices are never going to come down are they?

>> No.54490129

>>54490122
that is what ((they)) want you to think

>> No.54490131

And goyim will sign up for it kek

>> No.54490145

>>54486614
Real inflation rates still higher than mortgage rates

>> No.54490152

>>54490145
extra cope

>> No.54490169
File: 63 KB, 600x800, 1669090955361107.jpg [View same] [iqdb] [saucenao] [google]
54490169

>>54486454
>just be a debt slave your entire life goy

>> No.54490178

>it’s a good thing

>> No.54490224

>>54486454
Jfc just call it what it is, a fucking subscription service.

>> No.54490226

>>54490152
House prices tripled the last 10 years. That's like 20% real inflation yoy. Much worse than 6% mortgage

>> No.54490262

>>54490226
Yeah but they're currently deflating

>> No.54490290

>>54490262
Where?

>> No.54490295

>>54490226
and buttcorn has inflated 43365000456%

>> No.54490322

>>54486454
only low IQ niggers will exercise the option for a 40 year mortgage.

$400k @ 7% for 30 years:
$2661/month, total repayment of $958k

$400k @ 7% for 40 years:
$2486/month, total repayment of $1,193k

save 7% on the monthly payment, only to pay an extra 25% in the log run.

>> No.54490399

>>54490290
My state (I'm not telling you, USA)

>> No.54490409

>>54490322
and you a hobbling yourself
also you don't own shit, courts will cease your so called property

>> No.54490431
File: 97 KB, 1080x1087, 1677526106863861.jpg [View same] [iqdb] [saucenao] [google]
54490431

This is really great news for the cattl-- I mean for the consumers

>> No.54490438

>>54490409
It’s “seize”, you nigger.

>> No.54490460

>>54486899
>that pic
Why

>> No.54490461

>>54486545
>housing is an investment
Please kys