Conor Dougherty

And Trump buys into the idea, I guess, and posted on Truth Social and seemingly embraces it as a proposal.

So we're taking...

some guesses here because the Trump administration did not put out a thorough white paper on this.

But the basic gist is the cost of the home would be spread out over 50 years instead of 30 years.

So if you are buying a $500,000 home, for instance, you're paying that purchase price over 50 years instead of 30 years.

And so the portion of your payment that is the home is going to be lower in each monthly payment.

So let's just say you're buying a $500,000 house at current mortgage rates and you put down 20%.

Your payment would go from about $2,500 for a 30-year, right, to about $2,200 for a 50-year.

Per month.

Per month.

So you'd save about $300 per month.

It's hard to say exactly how it would impact the market, but it would turn up the heat.

It would make more people want to buy.

It would make more people feel like they could buy.

That in turn might get more people want to list because they feel like, oh, well, I'm going to finally get the offer I really wanted.

That, in turn, could get home builders to increase the pace of new construction because the lines are growing again.

So it would definitely stimulate the housing market in a great many ways because more people can buy homes now.

Right.

Oh, totally.

I mean, if you're a president who wants to do anything for affordability, coming up with a thing that will change someone's monthly bill is really appealing because it would lower payments and it would lower them in an obvious way.