The Trump administration says it’s also looking at assumable mortgages and “ways to give relief” on 5- and 10-year mortgages, after mortgage and financial planning experts pan 50-year mortgages as a bad deal for homebuyers.
Source: Inman News
Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
Published in 15-year mortgage, 30-year mortgage, 50-year morrtgage, 50-year mortgage, Amortization, assumable mortgage, Bill Pulte, Christopher Rufo, donald trump, fannie mae, Federal Housing Finance Agency, FHFA, freddie mac, home price appreciation, Homebuyer Affordability, homeownership, housing affordability, John Downs, Kaz Nejatian, Loan term, Mortgage, mortgage-backed securities, opendoor, Portable Mortgage, qualified mortgage, Regulations, Select and Vellum Mortgage Inc.
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