March 27, 2006

50-Year Mortgages are -hot- -hot- -hot-

After Friday’s reality check, it’s time to go back to unreality…

Sacramento Land(ing): 50-Year Mortgage a Penny Saver?
A reader noticed this ad in a local PennySaver. Is this a sign of the end of the housing boom or is this the beginning of a brave new world of multi-generational mortgages?

50yearloan.0.jpg

Wow! I don’t think people even get 50 year mortgages to live in New York City!

But then again, New York City is no Lodi.

Comments (1) -- Posted by: burbed @ 5:00 am

One Response to “50-Year Mortgages are -hot- -hot- -hot-”

  1. Whatever happened to Decision Point Funding? -- Burbed.com: Your Silicon Valley Home and Mortgage Insanity Blog Says:

    […] A year ago, Burbed.com featured this: 50-Year Mortgages are -hot- -hot- -hot- — Burbed.com: Your Silicon Valley Home and Mortgage In… […]


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