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Trump floats idea of 50-year mortgage
NBC Newsยท2025-11-12 03:30

All right, we are back now with President Trump's controversial new idea to help with housing affordability, a 50-year mortgage. It comes on the heels of a report from the National Association of Realtors saying the age of the typical new home buyer is now at an all-time high of 40 years old. Brian Chung is here now.And Brian, walk our viewers through how a 50-year mortgage would work. Yeah, Tom, mortgage brokers are telling me this might help a few buyers here and there. There is no question, however, that ...