{"id":422562,"date":"2025-12-03T20:41:20","date_gmt":"2025-12-03T20:41:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/422562\/"},"modified":"2025-12-03T20:41:20","modified_gmt":"2025-12-03T20:41:20","slug":"lower-rates-would-likely-eliminate-the-need-for-50-year-mortgage-treasury-adviser-says","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/422562\/","title":{"rendered":"Lower rates would likely eliminate the need for 50-year mortgage, Treasury adviser says"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Refiles to correct story identifier metadata for some readers, no change \u200bto content of story)<\/p>\n<p class=\"yf-1090901\">New York, Dec \u200c3 (Reuters) &#8211; Lower interest rates would likely eliminate the \u200cneed for a 50-year mortgage floated by President Donald Trump&#8217;s administration to boost housing affordability, Joseph Lavorgna, a counselor to \u2060U.S. Treasury \u200cSecretary Scott Bessent, told Reuters NEXT on Wednesday.<\/p>\n<\/p>\n<p class=\"yf-1090901\">Lavorgna said that the \u200didea of a 50-year mortgage was not necessarily officially off the table, but noted that \u200bit was a proposal from the \u200cFederal Housing Finance Agency to try to lower monthly mortgage payments. The problem with the housing market is that interest rates are too high because of \u2060the Federal Reserve&#8217;s cautious \u200bapproach to lowering them, \u200bhe added.<\/p>\n<p class=\"yf-1090901\">&#8220;We won&#8217;t need a 50-year mortgage if the Fed was \u200dlowering its \u2060rates, which I think it will,&#8221; Lavorgna said, &#8220;But it&#8217;s been, I think, \u2060very slow and uneven on that score.&#8221;<\/p>\n<p class=\"yf-1090901\">(Reporting by \u200cAndrea Shalal and David Lawder; Editing \u200cby Chizu Nomiyama )<\/p>\n","protected":false},"excerpt":{"rendered":"(Refiles to correct story identifier metadata for some readers, no change \u200bto content of story) New York, Dec&hellip;\n","protected":false},"author":3,"featured_media":422563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,79,83090,8165,267,197186,197187,138171,5005,18244,67,132,68],"class_list":{"0":"post-422562","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-federal-housing-finance-agency","11":"tag-housing-affordability","12":"tag-interest-rates","13":"tag-joseph-lavorgna","14":"tag-lavorgna","15":"tag-mortgage-payments","16":"tag-president-donald-trump","17":"tag-scott-bessent","18":"tag-united-states","19":"tag-unitedstates","20":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115657577906018429","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/422562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=422562"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/422562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/422563"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=422562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=422562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=422562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}