President Trump likes to test policy proposals on social media.
This was his newest one, shared by Bill Pulte, the U.S. Director of Federal Housing and the chairman of Fannie Mae and Freddie Mac 👇
A 50-year mortgage would result in a slightly lower monthly payment, stretched out over 5 decades, with hundreds of thousands of extra dollars in interest.
The reactions were not kind.
But they were funny!
I think it's safe to say that this proposal might end up in the "no-go" category.
P.S. Now check out our latest video 👇
