Industry Reaction to 50-Year Mortgage Proposal: Probably Not a ‘Game Changer’

As mortgage rates saw little shifts during this past week, President Donald Trump and members of his administration have floated an idea to galvanize new homebuyers: the 50-year mortgage. In a post on Truth Social, Trump shared a photo comparing the proposal to how President Franklin D. Roosevelt introduced the federally backed 30-year mortgage during…

The post Industry Reaction to 50-Year Mortgage Proposal: Probably Not a ‘Game Changer’ appeared first on RISMedia.

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