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In a social post on Saturday, President Trump floated the idea of a 50-year mortgage to increase housing affordability, but the idea received a frosty reception online. One reason is that extending the loan term so long ends up costing a lot more in interest over the life of the loan, while only saving a […]
Trump posted an image on social media on Saturday that seemed to suggest he would propose 50-year mortgages, something like that FHFA Director Bill Pulte confirmed this shortly afterwards on X. The image Trump posted Truth Social shows a head shot of President Franklin Delano Roosevelt under the title 30-year mortgage, and his own head […]
