Trump Floats 50-Year Mortgage to Boost Affordability
- Cheddar
- Updated
President Donald Trump proposed a 50-year mortgage to lower monthly payments for homeowners.
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While it would decrease monthly payments, critics said it would do little to resolve other core problems, such as a lack of housing supply and high interest rates.
Trump loves offering outlandish ideas and then repeating them until they start to become mainstream β even if they don't always come to fruition.
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