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politics9h ago
Donald Trump proposing 50-year mortgages sparks MAGA backlash
Newsweek.com and 3 more
- The Trump administration is weighing a 50-year mortgage as a potential shift in housing policy, signaling a major change from the standard 30-year term.
- A 50-year mortgage would leave Americans in debt for most of their lives, increasing total interest costs over the long term.
- A 50-year mortgage that turns Americans into lifelong debt slaves and hands even more profits to the banks, critics argue the plan favors lenders and taxpayers.
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