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The 50-Year Mortgage: Dream Home or Debt Trap? Featuring Matthew Scout

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Sinopse

Welcome to Go Gaddis Real Estate Radio! I’m Cleve Gaddis—here to make real estate clear, simple, and worry-free so you can buy and sell your home with total confidence and without the fear or confusion that often come with life’s biggest investments. Today we’re breaking down a headline making waves across the real estate and mortgage world: President Trump’s proposal for a 50-year mortgage as a tool to boost housing affordability. Joining me is Expert Advisor Matthew Scout, Vice President and Executive Mortgage Loan Originator with Southeast Mortgage, to discuss whether this new loan term would help buyers—or put them at greater financial risk. We’ll cover the key points outlined in today’s attached script, including: Lower monthly payments — and why they aren’t the whole story Total interest costs — possibly twice as much over the life of the loan Home price pressure — could longer terms push prices even higher? Regulatory hurdles — new federal legislation required to make it legal Risk exposure — w