Host expresses disapproval of Trump’s 50-year mortgage plan
Charles Payne, a host on FOX Business Network, expressed his disapproval regarding President Trump’s proposal for a 50-year mortgage, stating that it isn’t an effective solution for improving affordability. During an appearance on Fox News’ “America’s Newsroom,” Payne remarked, “I don’t like this idea.” He elaborated on the financial implications of a 50-year mortgage versus […]
Trump administration proposes 50-year mortgage as a significant shift for homebuyers
Discussion on Trump’s 50-Year Mortgage Proposal Brian Wesbury, the chief economist at First Trust Advisors, recently joined Barney & Company to delve into President Trump’s suggestion of a 50-year mortgage plan. This plan, which aims to possibly boost homeownership access, has also been met with caution from various experts who suggest that such long-term mortgages […]
Trump Suggests ‘Transformative’ 50-Year Mortgage
The Trump administration is in the process of developing 50-year mortgages for homebuyers, as announced by Federal Housing Finance Agency Administrator Bill Pulte. “We’re working on the ’50-year mortgage,’ which could really change the game,” Pulte shared in a statement on X. Earlier, President Trump showed a portrait of Franklin D. Roosevelt alongside an image […]
Housing director assures that plans for a 50-year mortgage are in progress following Trump’s suggestion
Trump Administration Considers 50-Year Mortgage Terms Bill Pulte, the Secretary of the Federal Housing Finance Agency (FHFA), announced on Saturday that the Trump administration is “working” on a plan to implement 50-year mortgage options for homebuyers. Pulte mentioned in a post on the social platform X that, “Thanks to President Trump, we are actually working […]
Letitia James Requests Court Dismissal of Her Mortgage Fraud Case, Calling It ‘Selective Prosecution’
AG Letitia James Seeks Dismissal of Mortgage Fraud Charges Lawyers representing New York Attorney General Letitia James submitted a motion on Friday to dismiss the mortgage fraud charges initiated against her by the Trump administration, claiming that the case is politically driven. According to the motion, “The government’s prosecution of Attorney General James arises from […]
Judge favors DOJ in Letitia James’ mortgage fraud case
A judge has denied a request from New York Attorney General Letitia James in her mortgage fraud case, aimed at requiring federal prosecutors to keep track of all their communications with the media. This motion was filed by defense attorney Abby Rowell after reports surfaced indicating that U.S. Attorney Lindsey Harrigan had lodged a complaint […]
Mortgage rates decrease to 6.17%
Mortgage Rates Continue to Decline Mortgage sales have dropped for the fourth week in a row, according to data from Freddie Mac released on Thursday. The latest report from Freddie Mac’s Primary Mortgage Market Study revealed that the average interest rate for a 30-year fixed mortgage decreased to 6.17%, down from 6.19% the previous week. […]
Implications of the Fed’s recent rate cut for your mortgage
The recent interest rate cut by the Federal Reserve is not going to immediately lower mortgage payments for homeowners. However, it may pave the way for more affordable borrowing, as mortgage rates are expected to drop to their lowest levels in over a year, according to Freddie Mac. On Wednesday, the Fed lowered its key […]
Venmo users will be able to use the app for rent and mortgage payments through a new partnership with Bilt and PayPal.
PayPal’s Digital Payment Revolution for Rent and Mortgages PayPal is looking to modernize how rent and mortgage payments are made. On Monday, the company revealed a unique partnership with Bilt Rewards. Beginning in early 2026, millions of Americans will have the option to pay their rent, mortgage, and even local businesses straight through Venmo. This […]
Letitia James Says Mortgage Fraud Case Involves a ‘Weaponized’ Justice System
Letitia James Denies Mortgage Fraud Allegations, Calls Them “Baseless” New York State Attorney General Letitia James has asserted that the mortgage fraud case against her isn’t about her personally, but rather an example of a “weaponized judicial system.” According to reports, James made these statements after entering a not guilty plea to charges of bank […]