Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Poverty

PoindexterOglethorpe

(27,787 posts)

17. She probably got the 30 year mortgage because her income

Reply to I_UndergroundPanther (Reply #16)

Mon Nov 13, 2023, 11:23 PM

Nov 2023

was sufficient to pay it.

Many years ago I was shocked that my mother, then 60 years old, got a 30 year mortgage. She was still working and had enough income. Fast forward several decades, and I likewise got a 30 year mortgage at age 60.

Was the mortgage granted by a bank? Or some other entity?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

20 replies

= new reply since forum marked as read

Highlight:

What happens when a motel becomes home [View all] rug Nov 2016 OP

this is a professional article, and the writer does not know the difference between "their" niyad Nov 2016 #1

Blame it on the proofreader. rug Nov 2016 #3

Writers should know better padfun Nov 2016 #2

Geez, people are starving. rug Nov 2016 #4

and we can still notice, and comment, on a lack of literacy. niyad Nov 2016 #5

You are also free to polish caskets. rug Nov 2016 #6

wow-- such a charming response. niyad Nov 2016 #7

Refugees are put in apartments------why aren't these people? I don't get it. virgogal Nov 2016 #8

I really think it's budgetary. rug Nov 2016 #9

The refugees are treated like royalty by virgogal Nov 2016 #10

I don't begrudge them. But I have no sympathy for the governments' housing policies. rug Nov 2016 #11

The simple fact is that our entire economy is based on debt discntnt_irny_srcsm Nov 2016 #12

There's a lot of truth in that. rug Nov 2016 #13

Debt is the true enemy here discntnt_irny_srcsm Nov 2016 #14

I honestly think the real problem is television advertizing. PoindexterOglethorpe Nov 2023 #18

Thanks Rug Riftaxe Nov 2016 #15

I lived for 3months in a motel 6 I_UndergroundPanther Sep 2019 #16

She probably got the 30 year mortgage because her income PoindexterOglethorpe Nov 2023 #17

The Problem is ... mntleo2 Jan 2024 #19

I'm currently about halfway through that book. PoindexterOglethorpe Feb 2024 #20