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Trump's 'Complete Game Changer' Mortgage Plan Might Lower Monthly Payments — But Could Double Total Borrower Costs, Warns Top Analyst
Benzinga· 2025-11-13 12:30
Federal Housing Finance Agency chief Bill Pulte called the proposed 50-year mortgage a “complete game changer.” UBS Group AG analysts agree — but not necessarily in a good way. In a note published Nov. 10, UBS analysts John Lovallo, Spencer Kaufman, and Matthew Johnson said extending a traditional 30-year mortgage to 50 years could roughly double the total interest a borrower pays over the life of the loan, reported Bloomberg.Affordability Boost Comes At A PricePresident Donald Trump’s idea, which came days ...