50-year loan terms would triple total debt while government regulations continue driving up building costs
50-year loan terms would triple total debt while government regulations continue driving up building costs
Subsidized debt drives up prices, sucks up wealth, and makes it hard for millennials to buy homes.
The Mortgage Bankers Association’s slow, self-serving defense of the 30-year mortgage proves that lifetime debt, not homeownership, is the product they’re really selling.
New Mexico’s new building codes may drive up home construction costs, potentially pricing many families out of the housing market and undermining efforts to affordability.