• kryptonianCodeMonkey@lemmy.world
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    24 hours ago

    Headline: Save 200 dollars a month with a 50 year mortgage over a 30 year!

    Subtext: … and end up paying double the interest to us for the benefit, and die before your loan is paid off so we get to take the house back from your corpse, sell it on the cheap to a corporate real-estate investment firm (that we have stock in) for just enough to cover the remaining mortgage balance. They’ll turn your multi-generational family home into a shitty rental property or leave it empty to keep the rest of their rents high and your children get nothing cuz fuck em!