The Trump administration is working on a 50-year mortgage option for home buyers. That means Americans would have 20 additional years on top of the traditional 30-year mortgage to pay off that loan. While affordability is the name of the game, CBS MoneyWatch correspondent Kelly O'Grady breaks down the pros and cons of this new option; what it would mean for monthly payments, interest rates and overall interest over the life of the loan. | CBS News
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The Trump administration is working on a 50-year mortgage option for home buyers. That means Americans would have 20 additional years on top of the traditional 30-year mortgage
CBS News. . The Trump administration is working on a 50-year mortgage option for home buyers. That means Americans would have 20 additional years on top of the traditional 30-year mortgage to pay off that loan. While affordability is the name of the game, CBS MoneyWatch correspondent Kelly O'Grady breaks down the pros and cons of this new ...
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Trump claims his proposed 50-year mortgage plan would lower monthly payments, but experts say it would nearly double the total interest compared to a 30-year loan. 'Shark Tank' judge Kevin O'Leary weighs in on if it would actually help homeowners. | CNN International
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Trump claims his proposed 50-year mortgage plan would lower monthly payments, but experts say it would nearly double the total interest compared to a 30-year loan. 'Shark Tank' judge Kevin O'Leary weighs in on if it would actually help homeowners. | CNN International
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