<div>As the Trump administration’s plan for a 50-year-mortgage has received mixed reviews, DeVon Pruitt, a financial advisor, says it’s up to the homebuyer to choose the best option.“It’s more of a pros and cons type of thing; and what would work for me, or what would work for you, or another individual will all be different. Do I want a higher payment each month, but a lower cost and lower interest rate? Or am I focused on having a lower monthly payment, and am I okay with having a longer term, and more overall cost, including high interest,” said Pruitt.Twin States News also heard from local realtors on the impact a 50-year mortgage could have on the home buying market.“Have more people in the market and make it more affordable for people,” said Eddie Welch, Hills Real Estate agent.Speaking of being in the market, Marcus Nations is currently looking for a home and expressed if he would get a 50-year mortgage.“Feels more problematic than it is, because then you have to try and get out from underneath it, and no one wants to buy the property because it’s not what it was; so you’re going to end up losing more than you’re going to be making,” said Nations.He feels homebuyers should go with the option that best fits their needs.“It’s the peace of mind, the peace of mind of not having a financial struggle but at the same time making sure that my family has a safe place to stay,” said Nations.When it comes to the idea of a 50-year mortgage, real estate agents, as well as local people say that there’s many things to take in when deciding if they should go with a 50-year option.</div>

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As the Trump administration’s plan for a 50-year-mortgage has received mixed reviews, DeVon Pruitt, a financial advisor, says it’s up to the homebuyer to choose the best option. “It’s more of a pros and cons type of thing; and what would work for me, or what would work...

Would Meridian area homebuyers consider a 50-year mortgage?

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As the Trump administration’s plan for a 50-year-mortgage has received mixed reviews, DeVon Pruitt, a financial advisor, says it’s up to the homebuyer to c

Would Meridian area homebuyers consider a 50-year mortgage?

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