Trump's 50-Year Mortgages: Game Changer or Risk?

Former President Trumps proposal for fifty-year mortgages ignites debate, with supporters like Bill Pulte praising it as a game changer, while critics like Marjorie Taylor Greene argue it favors banks. However, existing legislation and potential higher interest rates pose significant challenges. Experts suggest the root issue is a lack of housing supply, not mortgage term lengths.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.