Anonymous ID: 4a656c Nov. 17, 2025, 7:44 a.m. No.23865231   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5253

Oyster Stew? Another Bad Government Idea To Fix Housing Affordability: The 50-year Mortgage

 

(Interest Paid By Borrower Increases By 105%!)

 

Every time the government tries to make housing more affordable, they make the problem worse. Some people should rent and not fall for the governmentโ€™s latest folly, the 50-year mortgage.

 

True, the 50-year mortgage would lower the monthly payment by several hundred dollars (see the following example where the monthly payment falls from $2,349 to $2,083. Or from $2,349 to $2,226 if the most rate increases with the longer mortgage life. BUT total interest paid increases 87% if the 50-year rate remains the same and 105% if the rate rises.

 

Government housing policies remind me of the Curly versus the oyster stew skit. where Curly canโ€™t catch the oyster. Yet keeps trying.

 

The 50-year mortgage reminds me of the ill-fated National Homeownership Strategy under Bill Clinton. By prdering all Federal housing finance entities to work with HUD, the National Homeownership Strategy helped crash the housing market (watch The Big Short!)

 

https://confoundedinterest.net/2025/11/17/oyster-stew-another-bad-government-idea-to-fix-housing-affordability-the-50-year-mortgage-interest-paid-by-borrower-increases-by-105/

Anonymous ID: 4a656c Nov. 17, 2025, 8:23 a.m. No.23865378   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Arson attacks on European churches have doubled in one year: report

 

According to the report, a total of 2,211 anti-Christian hate crimes were recorded in Europe in 2024, including 274 attacks on individuals.

 

https://www.lifesitenews.com/news/arson-attacks-on-european-churches-have-doubled-in-one-year-report/