White House's 50-year mortgage proposal has one notable benefit but a number of drawbacks | AP News
White House's 50-year mortgage proposal has one notable benefit but a number of drawbacks
都是人民的好领导,千方百计解决民众住房困难,川总要搞50年房贷,屁民每个月少付好多钱,估计银行都强烈支持
The average selling price of a home in the U.S. was $415,200 in September, according to National Association of Realtors.
A borrower would pay, roughly, an additional $389,000 in interest over the life of a 50-year mortgage compared to a 30-year mortgage, according to an AP analysis.