Many middle class get into these simple term loans & never really own the home. If trumps vision of a 50yr mortgage ever comes to fruition, people will never build equity but will only pay interest 4 the right to live in a bank owned home.
They may not call it "sub prime" but they are
Many middle class get into these simple term loans & never really own the home. If trumps vision of a 50yr mortgage ever comes to fruition, people will never build equity but will only pay interest 4 the right to live in a bank owned home.
They may not call it "sub prime" but they are