50 year mortgages

[milfandcookies]

The Trump administration is working on a plan to introduce this.
 

Who benefits from 50 year mortgage?

[JDHillFan]

5 minutes ago, milfandcookies said:

The Trump administration is working on a plan to introduce this.
 

Who benefits from 50 year mortgage?

Nobody. Asinine idea. 

[milfandcookies]

It benefits the banks right? Paying almost double in interest to them 

 

why would Donald Trump be on the side of the banks? This I do not understand 

 

 

Edited 15 hours ago by milfandcookies

[4th&long]

At this point you just sit back and laugh at sleepy Don and wait for the next guy to take over and undo all the bull#### he's done. 

[Bray Wyatt]

Usually with a 30 year mortgage they say that roughly the first 10 years of payment is mostly interest. I wonder what that would be on a 50 year. People that get that would need to stay in that house for awhile, probably unable to move after 5 to 7 years like some people chose to do now.

[All_Pro_Bills]

12 hours ago, milfandcookies said:

It benefits the banks right? Paying almost double in interest to them 

 

why would Donald Trump be on the side of the banks? This I do not understand 

 

 

Because that's what every Republican and Democrat administration and Federal Reserve Bank President has done since Nixon issued an executive order eliminating the gold convertibility feature of the US dollar. Since then government and their bankers have been creating inflation through monetary and fiscal policy that results in money flowing into financial markets which increases the wealth of the "haves" through capital appreciation while simultaneously increasing the cost of living for the "have nots" through increases in prices at a greater rate than wages. Add in bailing out the markets and the banks whenever the system of money creation fails which results in a crash and you get the idea.

Edited 3 hours ago by All_Pro_Bills

[milfandcookies]

32 minutes ago, All_Pro_Bills said:

Because that's what every Republican and Democrat administration and Federal Reserve Bank President has done since Nixon issued an executive order eliminating the gold convertibility feature of the US dollar. Since then government and their bankers have been creating inflation through monetary and fiscal policy that results in money flowing into financial markets which increases the wealth of the "haves" through capital appreciation while simultaneously increasing the cost of living for the "have nots" through increases in prices at a greater rate than wages. Add in bailing out the markets and the banks whenever the system of money creation fails which results in a crash and you get the idea.

totally. just disappointing because trump with his mountains of debt, and little concern for it, seemed like he was gonna be different.

 

Now he’s just another voice for the banks? Come on now. I am concerned Silicon Valley bro “Vance” is rubbing off on him cause he immediately shared the Trump tweet about 50 year mortgages with glee 

 

its asinine as another poster said 

[IYKYK]

12 minutes ago, milfandcookies said:

totally. just disappointing because trump with his mountains of debt, and little concern for it, seemed like he was gonna be different.

 

Now he’s just another voice for the banks? Come on now. I am concerned Silicon Valley bro “Vance” is rubbing off on him cause he immediately shared the Trump tweet about 50 year mortgages with glee 

 

its asinine as another poster said 

You’re probably going to B word and moan whatever he does. So your opinion means very little.

[milfandcookies]

17 minutes ago, IYKYK said:

You’re probably going to B word and moan whatever he does. So your opinion means very little.

Don’t be a douche. 
 

do you like the idea of 50 year mortgages or not 

[IYKYK]

1 hour ago, milfandcookies said:

Don’t be a douche. 
 

do you like the idea of 50 year mortgages or not 

I’m not the one who is being a douche. You B word and most over EVERYTHING Trump does! Maybe you shouldn’t be so narrow minded. 
As far as a 50 year mortgages? Not gonna happen. Unless democrats get in power again and turn this country into a communist country. 

[milfandcookies]

2 minutes ago, IYKYK said:

I’m not the one who is being a douche. You B word and most over EVERYTHING Trump does! Maybe you shouldn’t be so narrow minded. 
As far as a 50 year mortgages? Not gonna happen. Unless democrats get in power again and turn this country into a communist country. 

you couldn’t be more wrong. I don’t know where to begin. For starters democrats are not the ones proposing these mortgages 

[OrangeBills]

On 11/9/2025 at 8:41 AM, milfandcookies said:

The Trump administration is working on a plan to introduce this.
 

Who benefits from 50 year mortgage?

 

People need to start contemplating things not in a vacuum, but within the totality of circumstances...like I understand our tribal, blame-driven society likes to think about 4-year intervals (blame the current President mentality), but this is likely just a simple response to the problem of Housing Affordability

 

The bottom line is, there have been four calamitous things that have taken place that have put buying a home out of reach in just the last 5 years:

1)  the radical dislocation of the Housing Market due to a Covid response that should never have happened, both Demand shifts and Production

2)  the fastest ever spike in interest rates (and thus Mortgage rates) as a result of the Biden Administration's wreckless spending (BBB, IRA and everything else we're still learning about

3)  the corresponding spike in Property Taxes (home values way up, mill rates flat to up = higher taxes (mine are up ~$2500 in five years, or about 20%)

4)  all of this has led to a reduction in New Homes being built, and Existing Home Sales in the gutter (annualized low rate for 3 years, just incredible)

 

So, the Trump administration is likely taking a practical look at how people should be buying homes...the reality is that the Biden Administrations' policies DESTROYED the relationship between income and Housing costs...so to lower the monthly payments to levels people can afford, at these high prices and high rates, you extend the loan duration (in this case, to 50 years - remember, 30 year mortgages have not existed forever:  AI - 30-year mortgages became common in the 1960s after being authorized by Congress in 1948 for new construction and 1954 for existing homes. 

 

The borrower can refinance to more reasonable (shorter duration, lower rates) in the future, but the key is they'll start building Equity on these Lease terms, which is really what a 50-year mortgage is, as opposed to just throwing that money away.