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110 sats \ 1 reply \ @SimpleStacker 15h \ parent \ on: How to get filthy rich with the 50 Year Mortgage econ
My understanding is 30 year fixed rate wouldn't even exist except for the backstop provided by Freddie and Fannie
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209 sats \ 0 replies \ @Undisciplined 15h
Right, so these would be an even greater transfer of risk to the taxpayers from the banks.
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