The Brief

PHOENIX - The next time you sign up for a mortgage, you might be committing to a 50-year loan.

Federal Housing Finance Agency Director, William J. Pulte, called the president's plan a "complete game changer," but does it do the trick?

What we know:

With a 50-year mortgage, it will take a long, long time before the payments make a dent into the principal. But, if lower monthly payments are what you're after, this could be the solution.

When asked about the new proposal, many college students hoping for a bright future weighed in.

"I don't know... it's my dream," student Nicole Macias said. "I don't care if it's really small, like a casita."

Nationally there's a lot of reasons many are not buying homes, including high upfront costs, interest rates, and wages. Now, Presiden

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