Episode 189: The Truth About 50-Year Mortgages and Housing Affordability скачать в хорошем качестве

Episode 189: The Truth About 50-Year Mortgages and Housing Affordability

Trump has proposed bringing back ultra-long mortgages — including a 50-year option — as a way to make housing more affordable. But would stretching a loan over half a century really help? In this episode, we break down the real math behind the idea. You’ll learn why a longer mortgage term might look affordable month to month, but could cost you hundreds of thousands of dollars more over time. We’ll cover: ·         Why home prices have stayed high even after the pandemic ·         How interest rates and inflation affect both buyers and sellers ·         The difference between a 15-, 30-, and potential 50-year mortgage ·         What history teaches us from the failed 40-year mortgage experiment ·         Why focusing only on monthly payments can be a dangerous trap If you’ve been wondering whether a 50-year mortgage could help you buy a home — or just keep you in debt longer — this episode will help you see the full picture. Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.co... (https://www.GrowYourWealthyMindset.co...) If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.co... (https://www.growyourwealthymindset.co...) Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram   / growyourwealthymindset   (  / wealthymindsetmd  ) Facebook   / elisachiang     / growyourwealthymindset   YouTube:    / wealthymindsetmd   Linked In: www.linkedin.com/in/ElisaChiang (  / elisachiang%20  ) Disclaimer: The content provided in the Grow Your Wealthy Mind...