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Trump backpedals as bad economic math triggers widespread outrage
MSNBC· 2025-11-12 06:15
Right now, we know that Donald Trump is going to try to pull any rabbit out of a hat to at least pretend like he is trying to lower costs for the American people. We also know that the key to Donald Trump's heart is through flattery. Preferably flattery that is easy to read.Has lots of pictures and maybe even includes some gold accents if you're like really trying hard. Well, this weekend, Federal Housing Finance Agency Director Bill PY pulled up to Mara Lago with a piece of poster board and a dream to sell ...
X @Cointelegraph
Cointelegraph· 2025-11-11 23:13
RT Jon Rice (@JonRiceCrypto)A 50 year mortgage or... https://t.co/IrkyoXs8i3 ...
X @Bloomberg
Bloomberg· 2025-11-11 21:28
President Trump floated the prospect of a 50-year mortgage. but experts have largely dismissed it as a short-sighted model that provides little cost relief and ends up hurting homeowners over the long term https://t.co/TaIyfpAIbw ...
X @Joe Consorti
Joe Consorti ⚡️· 2025-11-11 20:45
Pay off your student loans in your 30s, your car loan in your 50s, and your 50-year mortgage in your 80s.Don Johnson (@DonMiami3):Pay off your 50 year mortgage at 121 and your car at 76 ...
X @Bloomberg
Bloomberg· 2025-11-11 20:08
Mortgage Market Trends - UBS 报告指出,针对美国房价中位数房屋的 50 年期抵押贷款可以降低借款人的每月还款额[1] - 但 50 年期抵押贷款也会使房主在贷款期限内支付的利息翻倍[1]
X @Bloomberg
Bloomberg· 2025-11-11 11:40
A 50-year mortgage is not necessarily a terrible idea, says @allisonschrager — at least, no more terrible than the 30-year mortgage (via @opinion) https://t.co/c2ckVz3d6A ...
Stephanie Ruhle breaks down Trump's 50-year mortgage plan
MSNBC· 2025-11-11 05:22
I want to talk about the top issue for voters in last week's election and I would say most elections, the economy, affordability, and housing. Now, for millions of Americans, buying a home is financially out of reach. Today, this number might surprise you.The average age of a firsttime home buyer is a record high, 40 years old. That is why President Trump says he is proposing what his administration is calling quote a complete gamecher. A 50-year fixed rate mortgage.So, what does that actually mean for you. ...
'Makes absolutely no sense.' Trump proposes 50-year mortgage to help home buyers
MSNBC· 2025-11-11 05:07
Housing Market & Affordability - The average age of a first-time home buyer is a record high of 40 years old [1] - A proposed 50-year fixed-rate mortgage could lower monthly payments by approximately $200, but could result in paying as much as double in interest [1][3] - With a 6% interest rate on a $400,000 home, using a 50-year mortgage instead of a 30-year mortgage could result in paying $320,000 more over the life of the mortgage [3][4] - The core issue is a housing supply problem, with not enough homes for the number of people who want to buy them [4] - Tariffs are making home building more expensive, exacerbating the affordability issue [2][6] Economic Proposals & Fiscal Policy - A proposal to give Americans $2,000 checks, funded by tariff revenue, is being considered [7] - $2,000 checks for every American would cost approximately $600 billion [9] - Tariff revenue is also supposed to be used to pay down debt and bail out farmers, creating a conflict in resource allocation [10] - The Supreme Court might strike down the tariffs, potentially requiring most of the tariff revenue to be refunded [11] - The administration is accused of quietly providing tax relief to private equity firms, crypto companies, foreign real estate investors, insurance providers, and multinational corporations [15] Voter Sentiment & Economic Discontent - Voters are deeply unhappy about the state of the economy [17] - People are frustrated about costs being higher today than they were 5 years ago, even if they are making more money [20] - Tariffs are considered a tax on the American people [21]
X @Investopedia
Investopedia· 2025-11-10 23:00
Discover the benefits and drawbacks of using your 401(k) to pay off your mortgage, including tax implications, retirement savings impact, and interest savings. https://t.co/4YYZB4KNCb ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-10 23:00
Market Trend - The Trump administration is developing a plan for a 50-year mortgage to improve homeownership affordability for Americans [1] Risk Assessment - Mortgage analysts advise caution regarding the introduction of a 50-year mortgage [1]