Donald Trump is floating a simple answer to a very real housing problem: stretch the standard 30-year mortgage to 50 years so monthly payments come down. On the surface it sounds like exactly what ...
The interest rate on a 50-year mortgage would be higher than it would be on a 30-year mortgage. And you'd be making payments for many, many more years. Mark Zandi, chief economist for Moody's ...
Longer home loans would offer monthly savings but exorbitant total costs. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence ...
Mortgage rates moved modestly lower this week, but interest rates were not the big news for anyone following home loans. President Donald Trump's social media post about a 50-year mortgage stole the ...
Mortgage rates moved modestly lower this week, but interest rates were not the big news for anyone following home loans. President Donald Trump’s social media post about a 50-year mortgage stole the ...