We Can Return to 20-Year Mortgages
Instead of Lowering Mortgage Rates, Shorten Mortgage LENGTHS.
Still experimenting with video.
John Wake@JohnWake
Mortgage Factoids
Did you know that from 2018 to 2021, interest rates fell so much that we could have converted from 30-year mortgages to 20-year mortgages without increasing monthly mortgage payments?
5:20 PM · Apr 29, 2026 · 23.9K Views
6 Replies · 6 Reposts · 57 Likes
Blog version 2024. From 2018 to 2021 Interest Rates Fell So Much We Could Have Converted From 30-Year Mortgages to 20-Year Mortgages Without Increasing Monthly Mortgage Payments [Original, longer substack version from 2021. We Could Have Switched From 30-year Mortgages To 20-year Mortgages... Without Increasing Monthly Payments!]
The origins of the 30-year mortgage in the U.S. The Real Reason for “Affordable” (Higher-Foreclosure) Mortgages