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Whats Trump’s new 50 year mortgage? Why are house prices so high? How have tarriffs and immigration crackdowns affected house prices? Peter explains. #trump #mortgage #politics #economy #tariffs
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Late last week, Donald Trump posted a graphic comparing the familiar 30-year mortgage to a proposed 50-year term, implying that longer amortization might be the next landmark housing reform. Shortly thereafter, Bill Pulte, Director of the Federal Housing Finance Agency, confirmed via social media that “we are indeed working on The 50-year Mortgage, a complete game-changer.” (housingwire.com) The backdrop: soaring home prices, persistently elevated interest rates and sagging affordability have pu
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