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If governments see fit to curb the use of interest only mortgages, I propose a solution for mortgage borrowers everywhere.

The 100-year mortgage.

Using the 100-year mortgage, your payment on every $100,000 borrowed will be just $1.26 higher than it's corresponding interest only payment.

Yes, this post is somewhat tongue-in-cheek.

UPDATE: Sellsius already posted on this, like, three weeks ago.  But, I will not be stopped from taking my rightful place as a mortgage industry visionary.  Behold: the 101-year mortgage.

So, can anybody tell me if they've ever seen Last Comic Standing winner Josh Blue and Saved by the Bell's Screech in the same room at the same time?

They not only look alike, but they have the same voice, too.  Mysterious...

One big difference, though. Josh Blue pays the mortgage on-time.

Source
NBC Last Comic Standing > Josh Blue
NBC.com
http://www.nbc.com/Last_Comic_Standing/comics/josh_blue.shtml

I emailed the fabulous Sue Woodard today and asked her about the mysterious omission of the word "mortgage" in her marketing materials.  Sue chooses to say "home loan" instead.

The answer I got was practical and kind of hysterical.

1. The word "mortgage" is way more likely to get flagged by a spam filter than the phrase "home loan"
2. The word "mortgage" sounds a whole lot nastier and meaner than "home loan"
3. The word "mortgage" translates to something awful in Latin

Naturally, I had to source that and found that it is indeed true!  From Seek2Know:

In the word mortgage, the mort- is from the Latin word mori (via old french mort) for death and -gage is from the sense of that word meaning a pledge to forfeit something of value if a debt is not repaid. So mortgage is literally a death pledge.

"Home Loan" it is...!