Posted on 11/17/2025 8:36:41 AM PST by Kazan
Fifty-year mortgages is one of the worst ideas to emerge from his cabinet. But, in the Ingraham interview, Trump seemed to discount his supporters' frustration over these issues.
When Ingraham asked him why we need those 600,000 Chinese students, and that the placements they take should be given to American students, he replied that without them, many schools would go out of business.
She said, “So what?”
Indeed!
Trump asserted that all those foreign students pay full fare but that is not true.
They get financial aid in about the same percentage as citizen students.
He must backtrack on this issue. He can’t complain that our citizens can’t do the work that all those people who come here on H1-B visas come here to do and then continue to keep American students out of higher ed without infuriating his base.
#
President Trump must distance himself and his policies from the Zuckerbergs of this world and focus on the American people. He needs to stand up to multi-billionaires, to tax them, not to give in to their avaricious whims.
There is a relatively new phrase amongst the base, not just America First, but America Only. It is time for America Only to be Trump’s primary focus. And he needs to tell the American people exactly that. They do not care about Ukraine or even Israel, for that matter, when they can’t launch their adult kids. They need economic help now.
(Excerpt) Read more at americanthinker.com ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
I’m not.
As for Deep State...
Well, now...
Incandescent doesn’t begin to describe it.
without the foreign students demand will drop which is result in lower prices in a free market
How can a foreign student get any US government financial aid?
Not sure what the problem with 50 year mortgages is. Lower rates and payments would make it easier for people to make extra payments. Also, people refinance their own homes all the time which extends the length of time to takes to pay off their mortgage.
I don’t really understand why people are upset about the 50-year mortgage. I’m missing something.
Standard is 30-year mortgage. No one thinks that’s strange.
You can also get a 15-year mortgage. Quicker to pay off, less interest accrued, can be smarter but the payments are higher during the shorter time period.
Now a 50-year mortgage. Lower payments over a long time. Lots of interest accrued, but you have a house and you have manageable payments.
No one is forced to get a 15-year mortgage, or a 30-year mortgage. And no one is forced to get a 50-year mortgage. It’s just an option which is new and which may be attractive to some people.
Why all the fuss over an additional option?
LOL....let’s see:
The border is locked down...
Drug dealers killed before they arrive on our shores...
Illegals being deported daily or self deporting...
Egg prices- down...
Oil/gas prices down....
Fair trade deals finally being negotiated with our “friends”
Deep state scum being prosecuted....
Yeh- i could see why true MAGA supporters would be mad /sarc
I’m getting tired of Trump’s fake ass “supporters”. They are liars. The wanted Trump to get rid of the freeloading illegal alien invaders. Once he started sending them home, the HOMOMAGAs got pissed off at him. Frauds.
His complete flip on the H-1B visas. --- The article doesn't say that Trump flipped again and now demands a $100K/year fee for H-1B's. That ought to shut down most of it unless I'm missing something.
That something should probably begin with higher taxes on all those billionaires who have been hanging around the president even though they hate his guts. Don’t tax the millionaires – they’re a dime a dozen, probably hard-working and not living beyond their means. Tax the multi-billionaires.
Nope. Don't tax the rich out of the country. Yeah, I agree that being a millionaire today ain't what it used to be. Inflation has made a million from 20 years ago be maybe 50 million today. But that doesn't mean we imitate the left's playbook and overtax the rich like they do.
Their genesis is that people can't qualify for the 30 year. Which means that they will be maxed out from day one. Everyone knows that extra principal can be paid - IF POSSIBLE. But the situation has to be assessed at the time of the transaction.
The 50 year mortgage doesn’t seem like a big deal Since most people won’t take it anyways but it would be there for those that want it. Really deporting the 30 million illegals will help with lowering house prices but most problems would have be dealt with on the state level.
Why would anyone be mad? This is a stupid headline. If you don’t want a 50 year mortgage don’t get one. I guess we should be mad at people that refinance?
The average new home buyer is 40 years old (the oldest ever.)
Psychologically, the idea that you will be unable to ever own a house free and clear (and gift to your children without debt) is very burdensome. (I paid off my off house in my mid-50s.)
*************
IMO he has spent far more time on foreign matters than he indicated he would during his campaign, which fundamentally was all about putting America First. That’s how he amassed the huge crowds at his rallies; they simply were not there to root him on to focus on other countries. We have a very competent Secretary of State and Vice President. Let them deal and negotiate with foreign matters and leaders. The president needs to focus on the issues important to everyday Americans.
Trump may be ill advised.
The idea has its positives. If you would rather live in a house over a big apartment, the costs could be comparable. The house at least establishes better credit, some equity and provides the opportunity to refinance to a shorter term in a few years if the owner get periodic raises.
Not this one.
The big scam in mortgages is having to start your amortization table all over again every time to move.
Say you borrow 100K on a house, pay 10K interest and 10K principal.
You now owe the bank 90K, and have to decide to move or stay put. If you stay, more starts to go to principal and less to interest. But if you move, more goes to interest than to principal.
Do this often enough and your mortgage is way more than 30 years.
There’s nothing wrong with a 50-year mortgage. There’s nothing wrong with an interest-only mortgage. I’m carrying one right now. Guy just paid almost half of it off after selling some property. I kid him I love that house and setting and I hope he doesn’t pay me so I can get it back cheap. one minute walk to fish the Colorado River, oh yes.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.