[Ken522]

With rampant inflation on the way, the 30-yr mortgage is exactly what banks want to hold!

[Principled]

He he he well I like my debts at a fixed, historically low rate. Hell the interest rate on my mortgage is below the rate of inflation!

I’m making money on that! LOL

[Pearls Before Swine]

With rampant inflation on the way, the 30-yr mortgage is exactly what banks want to hold!

You forgot the "/S", right?

Interest rates are more likely to go up over the next 30 years than stay near zero, which causes the value of the mortgage to drop, and gives he banks (or Fannie/Freddie/FHA) a huge loss.