50 year mortgage: Real estate expert weighs pros and cons
Owning a home is the American dream for millions, but due to the overall cost of living these days that dream has been difficult to obtain. President Trump floated the idea for a 50-year mortgage. On the surface, it's meant to save potential homeowners hundreds of dollars a month in payments. But the proposal has also received a lot of criticism. Real estate expert Jason Oppenheim, president and founder of the Oppenheim Group joined FOX 11 to discuss the pros and cons of the plan.
Top Videos
50 year mortgage: Real estate expert weighs pros and cons
DTLA properties draw renewed scrutiny after fires
Paramount Skydance leaving California?
Officials' plans to review bald Jackie's death
Raman removed as chair of Housing & Homelessness Committee
Long Beach faces highest tide of the month
New limits on student cell phone use
Female suspect surrenders after hour-long pursuit
Trump demands major changes to childhood vaccine recommendations
At least 111 dead in Columbia earthquake
Long Beach bracing for another round of flooding
Passenger tumbles out vehicle mid-pursuit
Pursuit of possible no-bail warrant
Paramount exit threat puts CA jobs at risk
Trump escaped Iran threat using catering truck, decoy jet
Trump seeks compensation from Iran
Studio City homeowner spots mountain lion
Adva Lavie urged ex to use Cloobeck’s credit cards: prosecutors
New CA EV incentives
Raman to lose housing and homelessness chair
Mourning the death of Big Bear's beloved Jackie the bald eagle
Mountain lion spotted outside Studio City home
Search underway for LA police chase suspect
Big Bear community remembers Jackie, the bald eagle
Raman faces removal from homelessness role
