Trump to propose 50-year mortgages - bringing affordability to home buyers

HOAs giveth and HOAs taketh away.

 

Nice addition

 

Serious question, troll posts by cosplay message board characters aside:

is this even a thing that is actually being proposed?

The only thing that has actually happened is that a poster board was created by a Trump sycophant showing his picture next to FDR with a comparison of great American presidents.

this will never happen and if it did it would be a complete failure. I think any serious adult already knows this.

 

the private market ultimately decides, not Trump or congress.

the fed doesnt set mortgage rates.

now congress can regulate, but there is no rule that says banks cant offer 50 yr as it is.
There is not a significant advantage to a 50