Lower rates would likely eliminate the need for 50-year mortgage, Treasury adviser says
(Refiles to correct story identifier metadata for some readers, no change to content of story) New York, Dec 3 (Reuters) – Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump’s administration to boost housing affordability, Joseph Lavorgna, a counselor to U.S. Treasury Secretary Scott Bessent, told Reuters … Read more