[tayo42]

> because home loans are already government subsidized.

Are they? Maybe Im more ignorant then I thought? Im still stuck looking at high intrest loans as a first time buyer who works in tech though?

[phil21]

30 year fixed rate mortgages really aren't a market thing. They largely exist due to government support.

If you are getting a conforming loan in the US - chances are the federal government is buying that note via fannie or freddie and the bank simply services the loan for a fixed fee.

[Mountain_Skies]

Do you itemize your taxes? If so, your mortgage is being subsidized by the government.

[tayo42]

no im single and rent (idk how to affordably buy a home, thats what my rant was about), i use standard deduction.