Who Should and Should Not Get the 50 Year Mortgage (if it becomes law)
Who Should and Should Not Get the 50-Year Mortgage (if it becomes law) The 50-year mortgage proposal has reignited debate about affordability, risk, and smart mortgage strategy. It lowers monthly payments by stretching principal repayment over five decades, but that simplicity hides real trade-offs. Whether this loan is a smart move depends entirely on your […]
Can Trump Really Lower Mortgage Rates?
Can Trump Really Lower Mortgage Rates? You probably saw the headline: an announcement proposing that Fannie Mae buy $200 billion in mortgage bonds to push mortgage rates down. It sounds bold and simple — buy bonds, raise demand, lower yields, and mortgage rates fall. The reality is messier. Here’s a plain-language breakdown of what this […]
Breaking: What a 50-Year Mortgage Would Mean for You, and Better Ways to Fix Housing Affordability
Breaking: What a 50-Year Mortgage Would Mean for You, and Better Ways to Fix Housing Affordability A federal proposal would allow mortgages with a 50-year term instead of the traditional 30-year term. On the surface it looks simple: stretch the loan out, lower the monthly payment, and make homeownership feel more affordable. But you should […]