Angry Bear

50-year mortgages won’t solve the housing problem

Trump is pushing 50-year mortgages as an answer to home affordability. Given his track record, it’s a safe bet that anything Trump is selling is a bad investment. “The appeal of a 50-year mortgage is simple: Home prices are near all-time highs, leaving many aspiring buyers priced out of the market. A longer payback period […]

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