I don't think we need to make mortgages illegal. We just need the government to not subsidize and guarantee mortgages. 30 year fixed rate mortgage most likely w

I don't think we need to make mortgages illegal. We just need the government to not subsidize and guarantee mortgages. 30 year fixed rate mortgage most likely would not exist. Instead ARMs would likely be the norm which would probably drive down purchase prices due to future rate risks.