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Potential impacts of a 50-year mortgage on homebuyers
President Donald Trump and administration officials have now signaled that they're planning to develop a 50-year mortgage that they think could expand access to homeownership. However, some experts are worried that longer-term mortgages could hamstring those who purchase homes during this period. LiveNOW’s Andy Mac is learning more about how ...
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Trump claims his proposed 50-year mortgage plan would lower monthly payments, but experts say it would nearly double the total interest compared to a 30-year loan. 'Shark Tank' judge Kevin O'Leary weighs in on if it would actually help homeowners. | CNN
Trump claims his proposed 50-year mortgage plan would lower monthly payments, but experts say it would nearly double the total interest compared to a 30-year loan. 'Shark Tank' judge Kevin O'Leary weighs in on if it would actually help homeowners. | CNN
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