Trump’s 50-Year Mortgage: Could It Cost Buyers More Than You Think? | The Real Word 384

Byron Lazine and Nicole White discuss President Trump’s proposition of a 50-year mortgage loan, what buyers would actually save each month on a median-priced home, and reactions across the real estate industry. <br/>🔑 𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://www.skool.com/bamx<br/>_______<br/>👉 𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫𝐌𝐞𝐝𝐢𝐚: Tired of spending your hard earned money on marketing you know never makes it past the trash can or spam filter? Imagine getting texts and calls thanking you for your marketing. That’s what we do for you → https://remindermedia.com/bamsample/<br/>🔔 Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka <br/>📩 Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate <br/>✅ Stay Connected With Us — <br/>👉 Connect with Byron Lazine: https://www.instagram.com/byronlazine<br/>👉 Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/ <br/>_______<br/>🔗 This episode's sources:<br/>https://nowbam.com/trump-floats-50-year-mortgage-plan-but-theres-a-major-legal-hurdle/<br/>https://x.com/mikesimonsen/status/1987628731792544113 <br/>https://x.com/pulte/status/1987536814207381777<br/>KBP with Barry Habib: https://youtu.be/8CK9aXUNdjU <br/>⏰ Timestamps: <br/>00:00–00:33 Intro<br/>00:33 Topic 1: Trump’s 50 year mortgage<br/>01:02 Trump’s Truth Social post <br/>01:37 Bill Putle’s tweet <br/>03:51 Longer term = more risk = higher rate<br/>05:14 Mike Simonsen Tweet showing monthly savings with a 50-year loan<br/>08:48 “I’m not against this…but you do need to change a law in order for this to happen.”<br/>11:15 Should this be an option? And is it one you would offer to a client?<br/>13:11 Prices of government-subsidized products go up<br/>20:05 KBP pod with Barry Habib, who advocated for the 5-Year ARM<br/>21:38 “If I’m sending a message to Trump & Putle…”<br/>——<br/>🤝BAM PARTNERS<br/>𝐌𝐨𝐬𝐚𝐢𝐤 is the premier client experience platform, picking up where CRMs leave off, spanning search, transaction management, and client retention. It’s everything you need to showcase your value, build client loyalty and drive referrals. BAMx members now receive Mosaik as part of their membership! One-time activation fee applies. Access is limited by market: https://www.skool.com/bamx/about<br/>𝐙𝐨𝐨𝐝𝐞𝐚𝐥𝐢𝐨: Instantly connect your leads and clients with a menu of cash offers and selling solutions. Use code BAM for 15% off at zoodealio.com. Or join BAMx and get access for free! → https://www.skool.com/bamx/about <br/>𝐙𝐢𝐥𝐥𝐨𝐰 𝐒𝐡𝐨𝐰𝐜𝐚𝐬𝐞: Say hello to Zillow Showcase. Highlight your best to sellers and outshine competitors with its design to not exceed 10% of listings in your market. https://grow.zillow.com/showcase <br/>𝐒𝐮𝐦𝐦𝐢𝐭 𝐕𝐀 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Leverage your business with a REAL ESTATE-TRAINED Virtual Assistant → https://www.summitvasolutions.com/byronlazine-referral <br/>𝐏𝐫𝐨𝐩𝐒𝐭𝐫𝐞𝐚𝐦: The most trusted provider of comprehensive real estate data nationwide. Try it FREE → https://trial.propstreampro.com/bam/ <br/>———<br/>#Trump #mortgage #homebuyers