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Year Mortgage Idea Could Backfire, Housing Expert Says
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Year Mortgage Idea Could Backfire, Housing Expert Says

1 min read

Trump's idea for a 50-year US mortgage doesn't address the main problem at the heart of the housing affordability crisis.

Donald Trump has a new idea to boost the US housing market: a 50-year fixed-rate mortgage. The president floated a new, longer-term mortgage in a post on Truth Social over the weekend. Bill Pulte, the Federal Housing Finance Agency director, confirme... [5200 chars]

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Source: Business Insider

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