50 Year Mortgage

Lower interest rates would likely wipe away the need for President Donald Trump's proposed 50-year mortgage, a senior U.S. Treasury adviser said Wednesday. Treasury Adviser Says Fed Holds Real Key Speaking at the Reuters NEXT summit in New York, Joseph Lavorgna, counselor to Treasury Secretary...

Former Obama economic adviser Betsey Stevenson waded into the debate over President Donald Trump's proposed 50-year mortgage on Monday, warning that while such loans might help some buyers, they would almost certainly mean steeper borrowing costs and painfully slow equity gains. Stevenson Warns Of...