50-year home mortgages

[Winehole23]

Sounds like a debt treadmill




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[Winehole23]

to whom is "pay money longer" supposed to appeal?

the 40 year old buying their first house?

[Winehole23]

While the longer mortgage term does reduce the monthly payment, it also reduces the amount of equity (https://www.housingwire.com/articles/home-equity-slips-in-q3-with-more-properties-falling-underwater/) homeowners build and at some point, the savings are minimal — as you see between the 40- and 50-year terms above.

There is also a legal obstacle to a 50-year mortgage. After the great financial crisis, Congress passed the Dodd-Frank Wall Street Consumer Protection Act (https://www.congress.gov/crs-product/R41350) which made mortgage underwriting stricter. The Qualified Mortgage (QM) rule (https://www.investopedia.com/terms/q/qualified-mortgage.asp) is part of that legislation and does not currently allow a 40- or 50-year mortgage, so that would have to be changed for this proposal to get widespread adoption. It’s possible that a 50-year mortgage could be offered by lenders as a non-QM mortgage (https://www.housingwire.com/articles/what-are-non-qm-loans-and-who-are-they-for/#:~:text=%E2%80%9CNon-QM%E2%80%9D%20stands%20for%20Non-Qualified%20Mortgage.%20It%20sounds%20technical%2C ,the%20risky%20products%20from%20the%20last%20hous ing%20crisis.), which typically comes with higher mortgage rates to balance out the risk.

The drop in equity is one reason HousingWire Lead Analyst Logan Mohtashami doesn’t like the idea.

“I understand that we have housing affordability challenges in America, but subsidizing more demand from 30- to 50-year mortgages is not the policy we want to take now. Housing has to balance itself out through slowing home-price growth (https://www.housingwire.com/tag/home-prices/) and wages increasing — as it has for many decades. To add another subsidization to the market just prevents that healing process from occurring, which also prevents less equity build out as well. So I am not a fan of any increasing in the amortization, the 30-year fixed is perfectly fine as is.

“Additionally, a 50-year mortgage is currently illegal under the qualified mortgage law, so that would have to change as well,” Mohtashami said.
https://www.housingwire.com/articles/trump-proposes-50-year-mortgage-to-help-affordability/

[Blake]

Basically renting your house forever, but you pay for the repairs.

[Winehole23]

A 50 year mortgage you're buying your own tomb lmao

[SnakeBoy]

So your against 30 year loans for the same reason right?

[ChumpDumper]

So your against 30 year loans for the same reason right?
40% less against

Maybe the numbers look the same to you. I'd believe that.

[BadMotorscooter]

Hey, Wine Ho...tell me how much we have as a nation giving illegals free healthcare and housing since youre talking about debt.....lmao

[Blake]

Hey, Wine Ho...tell me how much we have as a nation giving illegals free healthcare and housing since youre talking about debt.....lmao

Ramble scooter asking others to do their homework for them

[Winehole23]

Hey, Wine Ho...tell me how much we have as a nation giving illegals free healthcare and housing since youre talking about debt.....lmaonot sure what you're talking about

does it relate to this thread?

[Winehole23]

So your against 30 year loans for the same reason right?the difference between 30 and 50 years is nontrivial

how long do people live, how does that change the risk profile of the mortgages and how much longer does it take to build equity with a 50 year note?

[BadMotorscooter]

not sure what you're talking about

does it relate to this thread?

Of course you dont know what im talking about....and of course it doesnt relate to the thread because all you do is bash Trump and republicans.....you dont want to post the bullshit democrats bring to the table. You, Chump, and Blake.....just the last of the democrat posters on here....the 3 amigos. I like watching ya'lls meltdowns.....

[Winehole23]

if you can't say what you're talking about, so much the worse for whatever you were trying to say

[DarrinS]

Two paid off houses.

[DarrinS]

If you choose a long mortgage, that's on you.

[Winehole23]

hit the snooze bar Darrin, you're brain dead

[Th'Pusher]

lol. Trump’s response to the affordability crisis is a 50 year mortgage?

[DarrinS]

50 year loan is for retards. So is a 30 year loan.

[Th'Pusher]

50 year loan is for retards. So is a 30 year loan.
Well it’s your gods best response to the fact that young people can’t buy homes .

[ChumpDumper]

50 year loan is for retards.Trump says it's a great idea.

Do you think Trump is retarded?

[Winehole23]

Why stop at a 50-year mortgage? Let's go full dystopia and make it a 150 years, with your debt lovingly passed down like an heirloom of financial despair. Generation after generation, working not for wealth, but for the privilege of almost owning drywall. Why own a house, when you can haunt it?

[koriwhat]

Lifelong debt payer to BlackRock and Vanguard. Lmao how sad.

[Blake]

Of course you dont know what im talking about....and of course it doesnt relate to the thread because all you do is bash Trump and republicans.....you dont want to post the bullshit democrats bring to the table. You, Chump, and Blake.....just the last of the democrat posters on here....the 3 amigos. I like watching ya'lls meltdowns.....

Nobody knows what you're talking about. You're just rambling.

[Blake]

Two paid off houses.

So everyone should be able to do it!

It's on you if you can't, retard!

[koriwhat]

Nobody knows what you're talking about. You're just rambling.


So everyone should be able to do it!

It's on you if you can't, retard!

It's true though. Those who deem themselves victims will never see success in themselves and thus hold grudges against those who broke free from victimhood. You running cover for those who bitch and moan is in your DNA because that's all you do here while also proclaiming everyone but you rambles incoherently. You add zero substance to any and all conversation here on ST.

You are the retard, BlaKKKe.

[Blake]

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I bet it was insightful.

[BadMotorscooter]

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I bet it was insightful.


way more insightful than your drivel.....lmao

[koriwhat]

way more insightful than your drivel.....lmao

Don't worry bro, BlaKKKe doesn't come off as a Communist but he sure is a demo they seek out because he's weak-willed, nihilist, and has no hope. Let him rot in his own misery!

[Blake]

way more insightful than your drivel.....lmao

Keep rambling.

[Blake]

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Keep ranting.

[koriwhat]

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Keep ranting.

"ranting
noun
a long, angry, and impassioned speech.
"at times, his rantings would become incoherent"
adjective
speaking at length in an angry and impassioned way.
"ranting shock jocks"
"
You can't even define the words you use. Instead, you make assumptions you wish everyone else here would buy into.

I have quite literally been responding in kind with rebuttals you can't seem to disprove. It's why you hide away, post fake ignore messages, but only come out to play when you get extremely butt-hurt by what you consider doxxing which had no basis in reality.

[ChumpDumper]

:lol Joey upset he's being ignored

[koriwhat]

Go talk TLC with your girlfriends you crazy cat lady, Brooke. No one here gives a fuck what you have to say. You're a worthless human with subpar jabs and useless opinions. Dumb cunt!

[ChumpDumper]

Go talk TLC with your girlfriends you crazy cat lady, Brooke. No one here gives a fuck what you have to say. You're a worthless human with subpar jabs and useless opinions. Dumb cunt!You're an ignorant coward and you melted down even though I didn't quote you once today before this post.

:lol what a pathetic wimp you are, trying to doxx and threaten posters because you got owned on an anonymous message board.

[Winehole23]

:lol Joey upset he's being ignoredCommunism and socialism as used by right wingers in 2025 are generic smears with no objective meaning besides "against us"

It's a rough synonym of "thoughtcrime"

[ChumpDumper]

Communism and socialism as used by right wingers in 2025 are generic smears with no objective meaning besides "against us"

It's a rough synonym of "thoughtcrime"

Yeah, it's lost all meaning as an insult/scare tactic. Joey just never knew what it actually meant in the first place.

[koriwhat]

Communism and socialism as used by right wingers in 2025 are generic smears with no objective meaning besides "against us"

It's a rough synonym of "thoughtcrime"

Not at all, Democratic Socialists worked hand in hand with Communists of the past and still do today though most are card carrying Communists themselves. Same with masking everything with "Progressive" because it's more digestible to the masses instead of flat out calling it what it truly is, Communism.

Spare me your games.

[ChumpDumper]

:lmao "card carrying"

You don't know what anything means.

[koriwhat]

Again, Brooke has to interject. The bitch just can't help herself.

Ask yourself this ST, if I'm wrong about so much, why would she work so hard at a cover-up with ad hominem's time and time again?

She is as low IQ as the rest who parade around here as moral authorities; they're all narcissist faux intellectuals. The Communist Party loves her type because they are truly the useful idiots and they will surely parish first if their revolution truly ever pops off.

Do you really want me to read what you responded with, Brooke? Reply 10 more times and I might do it.

[Blake]

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I'm betting this was a long, angry impassioned speech.

[koriwhat]

Btw, cry baby BlaKKKe, I know you're reading my "rants" so speak up. Let's delve deep into this and have a real conversation or do you lack the capacity to do so? It's ok if you do.

[koriwhat]

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I'm betting this was a long, angry impassioned speech.

You've been here a while, so what exactly were you reading if not my replies? :lmao

[ChumpDumper]

Again, Brooke has to interject. The bitch just can't help herself.

Ask yourself this ST, if I'm wrong about so much, why would she work so hard at a cover-up with ad hominem's time and time again?

She is as low IQ as the rest who parade around here as moral authorities; they're all narcissist faux intellectuals. The Communist Party loves her type because they are truly the useful idiots and they will surely parish first if their revolution truly ever pops off.

Do you really want me to read what you responded with, Brooke? Reply 10 more times and I might do it.You admit you whined just from seeing my screen name in posts you claim to ignore, you little wimp.:lol

Do you want to keep whining about me?

[koriwhat]

1.

[ChumpDumper]

1.

[koriwhat]

8 more posts to go. I'm surprised it's taking you this long...

[ChumpDumper]

Actually I'll just quote you for fun.
1.

[ChumpDumper]

8 more posts to go. I'm surprised it's taking you this long...

[Winehole23]

:lmao "card carrying"

You don't know what anything means.75 years ago communism was a real deal international movement with party ID cards

not so much now

[ChumpDumper]

75 years ago communism was a real deal international movement with party ID cards

not so much now

Exactly. Joey just has to ape red scare tropes he's been told to deploy.

[Blake]

Actually I'll just quote you for fun.

Lol

[koriwhat]

75 years ago communism was a real deal international movement with party ID cards

not so much now

But I'm the dumbass... :lmao

[koriwhat]

Lol

The fun is destroying yours and Brooke's world view and exposing the faux intellectualism you both embody.

Guess Brooke isn't much of a historian nor much of anything other than a cunt, tbqh.

[Blake]

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Multi rant

[koriwhat]

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Multi rant

It's not ranting when I speak truth. It's called, you're in a cult and to divert from conversation is exactly what the cult wants of you. I know you read all my replies, bud, but the difference is, I'm willing to have a conversation with you, you're only willing to smear me and pretend you don't read what I have to say until... :lol

[Blake]

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Most likely lying. Again. Par.

[koriwhat]

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Most likely lying. Again. Par.

Prove a lie, from today that I posted. I won't be holding my breath though, smear merchant.

[ChumpDumper]

The fun is destroying yours and Brooke's world view and exposing the faux intellectualism you both embody.

Guess Brooke isn't much of a historian nor much of anything other than a cunt, tbqh.

:lol everything you say is wrong

[koriwhat]

I bet you're surrounded by no one in your life Brooke. You're a miserable old hag and I hope it stays that way until your bitter end. :tu

[ChumpDumper]

I bet you're surrounded by no one in your life Brooke. You're a miserable old hag and I hope it stays that way until your bitter end. :tuYou're wrong again, wannabe stalker wimp.:tu

[Winehole23]

:lmao

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:levivxiq5fcrfipqqab6vlne/bafkreic7syvva6hofpok4f2l4ja2ukgz4nohbtqrqrvgmudhu 627rbmidy@jpeg

[Winehole23]

(Paying over $40,000 in interest on my $70k pickup truck to own the libs)

[Winehole23]

Whoever has the president's ear can front run dumb ideas

:lmao


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White House officials are furious with Bill Pulte, the Federal Housing Finance Agency director, who talked the president into suggesting a 50-year mortgage plan.

The White House was blindsided by the idea, according to two people familiar with the situation granted anonymity to discuss internal thinking, and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers.

On Saturday evening, Pulte arrived at President Donald Trump’s Palm Beach Golf Club with a roughly 3-by-5 posterboard in hand. A graphic of former President Franklin Roosevelt appeared below “30-year mortgage” and one of Trump below “50-year mortgage.” The headline was “Great American Presidents.”



Roughly 10 minutes later, Trump posted the image to Truth Social (https://truthsocial.com/@realDonaldTrump/115515420947464459), according to one of the people familiar, who was with the president at the time.
Almost immediately, aides were fielding angry phone calls from those who thought the idea – which would endorse a 50 year payback period for a mortgage – was both bad politics and bad policy, a move that could raise housing costs in the long run, the person said.

“He just sold POTUS a bill of goods that wasn’t necessarily accurate,” the person said. “He said ‘FDR did it, you can do it, it’s gonna be a big thing.’ But he didn’t tell him about all the unintended consequences.”


https://www.politico.com/news/2025/11/10/trumps-50-year-mortgage-plan-is-getting-panned-allies-blame-this-man-00645654

[ChumpDumper]

:lol upset there is a self-dealing grifter in the executive

[Blake]

:lmao

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:levivxiq5fcrfipqqab6vlne/bafkreic7syvva6hofpok4f2l4ja2ukgz4nohbtqrqrvgmudhu 627rbmidy@jpeg

TRUMP IS AWESOME FOR DOING THAT FOR AMERICANS BUT YOU'RE RETARDED IF YOU TAKE THAT DEAL.

YOU SHOULD BE ABLE TO AFFORD AN SUV WITH CASH AND YOU'RE RETARDED IF YOU CAN'T.

MINIMUM WAGE POORS ARE RETARDED FOR BEING POOR.

[koriwhat]

:lmao

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:levivxiq5fcrfipqqab6vlne/bafkreic7syvva6hofpok4f2l4ja2ukgz4nohbtqrqrvgmudhu 627rbmidy@jpeg

That's fucking crazy! A 6 yr note is ridiculous too but more aligned with economics.

[BadMotorscooter]

Democrats still stupid as fuck....:lmao

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:bbp2b224lro3bfnzcqwwnkfo/bafkreiekt3tfrh5ifdfrwv3svuhf52x2lfpz62l63briznn2c 6qtw3fnfy@jpeg

[Blake]

Democrats still stupid as fuck....:lmao

You signing up for a 50 year mortgage? You're a boomer though.

[Yonivore]

Agreed. But, we already have them, in a sense. Many people sign a 30 year mortgage and, later (if interest rates are more favorable) refinance for 30 more years. Depending on how long after they initial mortgage, it could stretch out to 40-50 years.

Anyway, 15 years is the way to go. 15 Years and throwing every extra dime at the principle. Had mine paid off in just over 10 years.

[Blake]

Agreed. But, we already have them, in a sense. Many people sign a 30 year mortgage and, later (if interest rates are more favorable) refinance for 30 more years. Depending on how long after they initial mortgage, it could stretch out to 40-50 years.

Anyway, 15 years is the way to go. 15 Years and throwing every extra dime at the principle. Had mine paid off in just over 10 years.

Another "if I can do it everyone should be able to do it" tard.

You guys want all the immigrants gone, want everything made in the US but don't want to pay a fair wage so people don't have to take out a 30 or 50 year note to be able to afford the monthly payment.

You're a bunch of morons rooting for billionaires because deep down you think there's a chance somewhere maybe you might hit your lottery ticket and become one.

[SnakeBoy]

TRUMP IS AWESOME FOR DOING THAT FOR AMERICANS BUT YOU'RE RETARDED IF YOU TAKE THAT DEAL.

YOU SHOULD BE ABLE TO AFFORD AN SUV WITH CASH AND YOU'RE RETARDED IF YOU CAN'T.

MINIMUM WAGE POORS ARE RETARDED FOR BEING POOR.

True

[SnakeBoy]

Agreed. But, we already have them, in a sense. Many people sign a 30 year mortgage and, later (if interest rates are more favorable) refinance for 30 more years. Depending on how long after they initial mortgage, it could stretch out to 40-50 years.

Anyway, 15 years is the way to go. 15 Years and throwing every extra dime at the principle. Had mine paid off in just over 10 years.

We did 30 yr and paid off in 7

Longer term is better (in case shit happens) imo as there is no penalty for paying off early. In retrospect, I have mixed feelings about paying off early. From a strictly numbers perspective, if it is better to invest that extra money rather than put it towards the mortgage (assuming a decent interest rate). On the other hand, the fiscal discipline gained from becoming debt free makes it much easier to build wealth later in life, not to mention the peace of mind that comes with living debt free.

[Blake]

True

Yeah I thought my imitation of you was spot on too

[ChumpDumper]

So Trumptards aren't commenting on how Trump got duped into pimping these mortgages.:lol

[SnakeBoy]

Yeah I thought my imitation of you was spot on too

You pretended to be a truth teller, good job

[SnakeBoy]

1988056785656197615

https://media.tenor.com/TDCM0zmb0eIAAAAM/the-big-short-smile.gif

[ChumpDumper]

1988056785656197615

https://media.tenor.com/TDCM0zmb0eIAAAAM/the-big-short-smile.gif
Why does your Trump want to bring about another crash?

[Winehole23]

So Trumptards aren't commenting on how Trump got duped into pimping these mortgages.:lolFuhrerprinzip, whatever he says goes

[Blake]

You pretended to be a truth teller, good job

I pretended to be stupid.

[Blake]

So Trumptards aren't commenting on how Trump got duped into pimping these mortgages.:lol

They think it's a dumb idea but they're obviously not against it.

[Winehole23]

hey look, another gimmick

pawn your retirement to go into debt


White House Plan Would Let Americans Tap 401(k)s for Down Payments on Homeshttps://www.wsj.com/politics/policy/trump-plan-would-let-americans-use-401-k-s-for-down-payments-on-homes-official-says-64eb4375

[Blake]

Why does your Trump want to bring about another crash?

No shit. It's like nobody on the Trump tard side recalls or even knows what happened in 08