TRUMP’S 50-YEAR MORTGAGE: GAME CHANGER OR TRAP? In this episode of The Publisher’s Desk, Damon K. Jones breaks down Donald Trump’s proposed 50-year mortgage—a bold idea raising serious questions about affordability, debt, and long-term wealth building for Black America. We examine: Why Trump’s team says the 50-year loan is needed Kevin Hassett’s claim that Biden-era rate hikes doubled mortgage payments Why Marjorie Taylor Greene warns it puts Americans “in debt forever, in debt for life” How the Dodd-Frank Act currently blocks 50-year mortgages Whether this plan helps first-time Black homebuyers or recreates Subprime 2.0 How disciplined homeowners could “beat the system” by pre-paying a 50-year loan like a 30-year And the bigger issue: America’s housing shortage, not just mortgage terms This is more than politics — it’s about ownership, equity, and economic survival.
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