By Gabrielle Peters | Presence News The Promise and the Problem Trump’s proposed 50-year mortgage plan promises short-term relief:For a $500,000 home at 6.5%, payments drop from ~$3,160 (30-year) to ~$2,780 (50-year) — about $380 less per month. That savings can help buyers qualify for higher-priced homes. But as economist Tyler Cowen warns, this approach […]
