Trump's 50-Year Mortgage Proposal: Pros, Cons, and Trade-offs

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Former President Trump proposes a fifty-year mortgage to tackle home affordability, sparking debate among experts. While this could lower monthly payments, it may also double total interest and slow equity build-up, potentially driving home prices up further. The idea, though appealing to some, comes with significant drawbacks and risks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.