#50-year-mortgage

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#housing-affordability #interest-rates #mortgage-affordability #home-equity #mortgage-rates #interest-costs
#housing-affordability
fromFortune
5 days ago
US politics

Trump's 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates | Fortune

fromFortune
6 days ago
US politics

Trump calls his 50-year mortgage idea 'not even a big deal' while insisting 'the economy is the strongest it's ever been' | Fortune

fromFortune
5 days ago
US politics

Trump's 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates | Fortune

fromFortune
6 days ago
US politics

Trump calls his 50-year mortgage idea 'not even a big deal' while insisting 'the economy is the strongest it's ever been' | Fortune

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fromwww.housingwire.com
3 days ago

Younger buyers interested in 50-year mortgage, despite drawbacks

Federal Housing Finance Agency Director Bill Pulte reportedly mentioned the idea to President Donald Trump last weekend leading Trump to post about the idea on Truth Social. However, sources told CBS News this week that a 50-year mortgage plan hadn't been vetted by senior Trump administration officials and wasn't ready for release. Leaders across mortgage and real estate were almost uniformly against the idea.
Real estate
#mortgage-affordability
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US politics
fromwww.mediaite.com
4 days ago

Trump Allies 'Revolting' Over 50 Year Mortgages: Report

Trump allies are angry that FHFA Director Bill Pulte pushed a poorly vetted 50-year mortgage plan and allegedly misled the president.
Real estate
fromBoston Condos For Sale Ford Realty
5 days ago

Does A 50-year Mortgage Really Help Boston Condo Buyers? Boston Condos For Sale Ford Realty

A 50-year mortgage lowers monthly payments but increases total interest, slows equity accumulation, and risks higher rates and housing market distortion.
Real estate
fromFast Company
6 days ago

Housing affordability is so strained that Trump is considering 50-year mortgages. Here are 11 things to know

Fannie Mae and Freddie Mac remain in conservatorship with up to 5% share sales; a proposed 50-year mortgage could lower payments but raise interest rates.
Real estate
fromThe Mercury News
6 days ago

Why Trump's 50-year mortgage isn't the worst idea ever

A 50-year mortgage can lower monthly payments, delay owning a home mortgage-free, and may still help buyers amid elevated home prices.
US politics
fromYahoo News
6 days ago

Fact Check: President Trump Did NOT Ask Transportation And Commerce Departments To Introduce 15-Year Car Loans -- It's A Joke

Claim that President Trump requested 15-year car loans is false; the image is satire inspired by his 50-year mortgage proposal.
Real estate
fromAxios
1 week ago

Trump administration's 50-year mortgage idea ditches a key advantage

A 50-year mortgage substantially slows principal paydown, offers only marginal monthly savings, and significantly reduces forced equity buildup compared with a 30-year mortgage.
fromwww.housingwire.com
1 week ago

How much would a 50-year mortgage cost?

On Sunday, FHFA Director Bill Pulte responded to the backlash with this post: We hear you. We are laser focused on ensuring the American Dream for YOUNG PEOPLE and that can only happen on the economic level of homebuying. A 50 Year Mortgage is simply a potential weapon in a WIDE arsenal of solutions that we are developing right now. STAY TUNED!
Real estate
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