The homebuying industry was jolted over the weekend by a President Donald Trump social media post that claimed a 50-year mortgage could be a game-changer for the housing market.

Of course, no other details were announced. Still, the real estate industry’s online community overwhelmingly thought this was a bad idea for house hunters, suggesting the two decades of added borrowing compared with the traditional 30-year mortgage would make modest savings not worth the effort.

Sadly, too many discussions surrounding homebuying challenges lean on assumptions created in a financial era that may never return. Fresh thinking is welcome to me, and I hope new ideas emerge from the debate about how to put financially strapped home seekers in a buying mood.

A top concern from the weekend’s online c

See Full Page