MCLENNAN COUNTY, Texas (KXXV) — President Trump's proposal for 50-year mortgages is generating significant discussion about its potential impact on future homebuyers, with industry experts offering both praise and criticism for the plan.
Watch the full story here: Trump's 50-year mortgage proposal sparks discussion among housing industry experts
Local realtor Cameron Gomez says he's excited about what the 50-year mortgage proposal could mean for the housing market.
"It's going to be a game changer in our industry for sure," Gomez said.
The extended loan terms would lower monthly payments by spreading them over two additional decades, but mortgage-holders would also take longer to build home equity.
Gomez, who owns Agents of Texas, believes a 50-year mortgage could help expand inven

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