Notas del episodio
This week on the Simply Authentic Podcast, we’re tackling two hot topics in the housing world: the 50-year mortgage and the portable mortgage. These concepts have been making headlines lately—but what exactly are they? Why are they being discussed now? And could they play a role in addressing today’s housing affordability challenges?
In this episode, we break down:
- What a 50-year mortgage actually is (and why it’s not currently legal under today’s financial regulations)
- How federal conversations could change that in the future
- The idea behind portable mortgages and how they differ from traditional loan products
- Pros, cons, and potential ripple effects on buyers, sellers, and the broader market
- Real-world examples, including the difference in interest paid on a 30-year vs. a proposed 50-yea ...