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#housing-affordability #mortgage-policy #50-year-mortgage #mortgage #retirement-planning #debt-repayment
fromBusiness Insider
21 hours ago

Trump's quick homeownership fix comes with a massive catch

Is the key to making homeownership more affordable just giving buyers more time? That's the pitch from President Donald Trump, who proposed creating a 50-year mortgage. The social media post touting the idea also got a cosign from Federal Housing Finance Agency director Bill Pulte. He said a 50-year mortgage is being worked on and would be "a complete game changer."
US politics
Real estate
fromIndependent
3 weeks ago

Should you use your tax-free pension lump sum to pay off your mortgage?

Sacrificing retirement savings to pay off a mortgage may not be worthwhile despite the psychological benefit of eliminating the largest recurring liability.
US politics
fromFortune
2 months ago

Ray Dalio believes America's 'debt-induced heart attack' will happen under Trump 2.0-and no one's brave enough to stop it

U.S. faces a potential debt-induced fiscal crisis within about three years driven by rising deficits, tax cuts, and soaring interest costs.
Cars
fromstupidDOPE | Est. 2008
2 months ago

Seven-Year Car Loans Show How Expensive Buying a Vehicle Has Become | stupidDOPE | Est. 2008

Average new car prices near $50,000 have driven widespread seven-year auto loans, lowering monthly payments but increasing total interest and risk of negative equity.
US politics
fromFortune
2 months ago

Trump says tariffs are going to be enough to pay down national debt. It likely won't even touch the sides

Tariff revenues cannot cover America's monthly interest costs on its $37 trillion debt.
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