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30Y in 30D, Y14: What Kind of People Are Getting Loans for Houses Right Now?
Who exactly is able to afford a house mortgage these days in the U.S.? A question from a reader sparks thoughts.
Related and recent articles
(Full list of “30 Years in 30 Days” Series articles at bottom of this page.)
• 30Y in 30D, Y11: Dream Home or Financial Freedom? Rethinking the True Cost of Stretching
• 30 Years in 30 Days • Year 10: A Tale of Two Eras — Home Buying in 1972 and 2023
• 30 Years in 30 Days • Year 3: Early Extra Payments Are Magical
• Kickstarting “30 Years in 30 Days” — Decades of Mortgage Wisdom in 1 Month
• It’s Open Enrollment Season for Medicare Advantage Which Means It’s Open Hunting Season on Senior Citizens
• Has U.S. Healthcare Really Become a Mob Protection Racket?
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This was the question from Hanako in response to the previous article in this series, 30Y in 30D, Y13: What Does It Take to Pay Off a 30-Year Mortgage in 15 Years?:
“I am curious… what kind of people are getting loans for a house right now? It just…