"You pay something less, from 30, some people had a 40, now they have a 50. All it means is you pay less per month, you pay it over a longer period of time. It's not like a big factor. It might help a little bit, but the problem was that Biden did this. He increased the interest rates and I have a lousy fed person who's gonna be gone in a few months, fortunately."
"fortunately. I have a guy, Too Late. You know, Jerome Powell, we call him Too Late. He was too late on everything except when it came to before the, you know, the Democrat, so-called Democrat election, which didn't work. But we're gonna get interest rates down. But even with interest rates up, the economy is the strongest it's ever been."
Laura Ingraham confronted President Donald Trump over a proposed 50-year mortgage aimed at lowering monthly payments. She noted average first-time buyers are now about age 40 and asked whether the plan prolongs homeownership. MAGA critics called the plan a giveaway to banks and said it would delay outright ownership. Trump said extending terms from 30 to 50 years reduces monthly payments, blamed Biden and the Fed for higher interest rates, criticized Jerome Powell, and predicted rates will fall. Trump dismissed polls showing economic anxiety and insisted the economy is the strongest ever.
Read at www.mediaite.com
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