50-Year Mortgages Won’t Make Housing More Affordable

Over the weekend, President Trump put out a post on Truth Social suggesting that his administration will use the government’s control over the nation’s mortgage finance system to help bring about 50-year mortgages for American homebuyers. The Federal Housing Finance Agency director, Bill Pulte, said that he and the agencies he oversees are “working on it,” and that this new product would be “a complete game changer.”

https://www.shtfplan.com/headline-news/50-year-mortgages-wont-make-housing-more-affordable