Ramsey Expert Calls Trump’s 50-Year Mortgage a ‘Horrible Idea’ — 3 Experts Weigh In

Becoming a homeowner isn’t easy when the average sales price of houses in the U.S. is $512,800, according to the Federal Reserve Bank of St. Louis. Between high principal balances, interest rates, insurance, taxes and other fees, those monthly mortgage payments aren’t always affordable. For You: I’m a Real Estate Agent: 7 Places To Avoid Buying a House in 2026 Read This: 6 Things You Must Do When Your Savings Reach $50,000 To address this issue, President Donald Trump proposed the idea of a 50-year mortga ...