Tag Archives: Amortization

8 reasons you should never recommend a 50-year mortgage

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A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments. Continue reading →

What is a 50-year mortgage? The pros and cons of Trump’s proposal

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The proposal from Trump is a reminder that the industry must evolve, Darryl Davis writes, but evolution without diligence can lead to structural weakness. Continue reading →

Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers

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The Trump administration says it’s also looking at assumable mortgages and “ways to give relief” on 5- and 10-year mortgages, after mortgage and financial planning experts pan 50-year mortgages as a bad deal for homebuyers. Continue reading →