Description:
What is the 50-year mortgage all about?
Housing is expensive. Rates are high. Inventory is low. So investors and policymakers are exploring a new option: the 50-year mortgage. Rick Rall breaks down the math behind why extending the term could make payments more affordable and why the idea faces the same skepticism the 30-year loan did when it first launched.
Is it the future of financing… or a bad idea? Watch and decide for yourself. ????
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#50yearmortgage #mortgageexplained #housingmarket #realestateinvesting #affordablehousing
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