White House’s 50-year mortgage proposal has one notable benefit but a number of drawbacks

Why is Walmart CEO Doug McMillon retiring? How will US-Switzerland trade deal impact tariffs? What caused Bitcoin to drop to 6-month low? How is the AI selloff affecting tech stocks? Why is JPMorgan fighting fintech over data fees? What led to StubHub's stock plunge today? How will Merck’s Cidara buyout affect biotech?

White House’s 50-year mortgage proposal has one notable benefit but a number of drawbacks

bostonherald.com/2025/11/11/trump-50-year-mortgage

By KEN SWEET
NEW YORK (AP) — The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would…

This story appeared on bostonherald.com, 2025-11-11 18:14:22.