NPR | 3 questions about Trump’s 50-year mortgage plan

Most people who take out mortgages go with a 30-year term. But President Trump wants the federal government to back a 50-year mortgage option for homebuyers — a plan that would be “a complete game changer,” according to Federal Housing Finance Agency Director Bill Pulte. Backers of the idea say it could help more prospective buyers […] The post NPR | 3 questions about Trump’s 50-year mortgage plan…