Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.
Jump in the discussion.
No email address required.
Notes -
Single-family homes would get a lot smaller. Hard to tell what the effects on the financial system would be though.
The 30-year-mortgage is a tool for hiding the extent of government subsidization of the housing market. For all we know, it might be the only thing propping-up the economy. The buisiness model of Fannie Mae and Freddie Mac is offering "too-big-to-fail" government credit backstops to mortgage originators as a service.
More options
Context Copy link