In 1930, when the 30-year mortgage was created, the average life expectancy was 59 years. Fast forward to today, we’re living into our 80s—81 or better if you’re focused on wellness. So, isn’t it time to upgrade the mortgage system too? Enter the 40-year mortgage. Here’s the game changer: run it through the Federal Home Loan Bank system for first-time homeowners at a subsidized rate of 3.5% to 4.5%. On a $300K mortgage, that’s saving you about $500 a month. 🙌🏾 This is huge for anyone who feels like there’s too much month left at the end of their money. Why does this matter? It gives people the chance to get into homes now, while the private sector works on building more. And the best part? The mortgage itself becomes an asset. If something happens to you, your child not only inherits the home, but also the benefit of an assumable mortgage at that incredible rate. Thank you CNN for having me on to talk about 40-year mortgages and the future of homeownership in the U.S.! #HomeOwner...