Byron Lazine and Nicole White discuss President Trump’s proposition of a 50-year mortgage loan, what buyers would actually save each month on a median-priced home, and reactions across the real estate industry.
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👉 Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/
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🔗 This episode's sources:
https://nowbam.com/trump-floats-50-year-mortgage-plan-but-theres-a-major-legal-hurdle/
https://x.com/mikesimonsen/status/1987628731792544113
https://x.com/pulte/status/1987536814207381777
KBP with Barry Habib: https://youtu.be/8CK9aXUNdjU
⏰ Timestamps:
00:00–00:33 Intro
00:33 Topic 1: Trump’s 50 year mortgage
01:02 Trump’s Truth Social post
01:37 Bill Putle’s tweet
03:51 Longer term = more risk = higher rate
05:14 Mike Simonsen Tweet showing monthly savings with a 50-year loan
08:48 “I’m not against this…but you do need to change a law in order for this to happen.”
11:15 Should this be an option? And is it one you would offer to a client?
13:11 Prices of government-subsidized products go up
20:05 KBP pod with Barry Habib, who advocated for the 5-Year ARM
21:38 “If I’m sending a message to Trump & Putle…”
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#Trump #mortgage #homebuyers