Trump floats 50-year mortgages to help homebuyers
From NPR
President Trump is floating a 50-year mortgage to help buyers purchase a home. The chief economist for the National Association of Realtors says homebuyers may see small monthly savings on a 50-year mortgage, but that it would take borrowers almost 40 years to pay off just half of their original balance.
Mentioned in This Episode
- 50-year mortgage (concept)
- The Ingram Angle (company)
- National Association of Realtors (company)
- Lawrence Yun (person)
- Fox (company)
- Chicago (location)
- United States (states) (location)
- Washington, D.C. (location)
- Laura Ingraham (person)
- NPR (company)