In article , Mike Coslo
writes:

N2EY wrote:
Here's another one for ya: I bet neither of us would have any problem
getting a 30 year mortgage, even though we'd be nearly 80 when said
mortage was paid off
(barring any advance payments). Huh?

My xyl works in the housing industry. There are people who are in their

60's and up getting those mortgages. Go figure.

Actually, now that I think about it, there is a certain twisted logic to it. In
general, people are living longer now, so the chances of someone actually
paying off the mortgage is better than before. Conversely, if the person dies,
the mortgage company gets their money quickly, from the estate.

On top of all this, such policies insure that the mortgage companies don't have
to worry about claims of age discrimination.

73 de Jim, N2EY