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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Obama-Era Economic Advisor Says Trump's 50-Year Mortgage Plan Is Driving Her 'Bonkers': Here's Why

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Former Obama economic adviser Betsey Stevenson waded into the debate over President Donald Trump's proposed 50-year mortgage on Monday, warning that while such loans might help some buyers, they would almost certainly mean steeper borrowing costs and painfully slow equity gains.

Stevenson Warns Of Costly Long-Term Home Loans

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