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seibelj
on Sept 18, 2022
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The hyperinflation gallery
The government guarantees them. Banks would never offer this product otherwise.
cortesoft
on Sept 18, 2022
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The government does not guarantee mortgages.
chordalkeyboard
on Sept 19, 2022
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it is more complicated than the gp makes it seem, but 30 year mortgages are absolutely a creation of policy in the form of federally owned corporations that rebuy mortgages that were written according to a standard policy.
https://www.grarate.com/article/history-30-year-mortgage
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