Hello, and welcome back! Let's not waste any time; the Democrats are proposing a new, 20-year mortgage program through Ginnie Mae that could spur first-generation homebuyers  into homeownership, but what does that mean for people who have gradually been getting priced out of their slice of the American Dream over the last few years? In general, longer mortgage terms allow the cost of the home to spread out over time, lowering the monthly payments. One would assume a 20-year mortgage would increase monthly payments and make it more difficult for new homebuyers to qualify for a loan, but the government plans to subsidize the interest rates to help offset some of those costs. That sounds good in theory, but what would a program like this look like in real life? This proposed program could very well fizzle out without getting off the Senate floor, but we went ahead and discussed some of the concepts that influence potential legislation like this and how you as investors and #DealHunters should prepare. Check out the episode and let us know what you think of the Democrats' plan.Mentioned in today's episodePropstreamLaunch ControlForeclosure.comGoHighLevelRentReportersHere's a link to the article Donny discussed in today's episode:Dems Propose 20-Year Mortgage For First-Gen HomebuyersWant to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!https://4clsd.co/fdcReach out to Jonathan to learn more about the Foreclosure Deals Coach Program!We're offering a FREE 7-Day Trial of the PropStream s? Master Foreclosure Investment with DonnyLearn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.? Enroll Now? Unlock Your Foreclosure Potential with DonnyReady to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.? Schedule Your Call Now? Join the Foreclosure ExpertsStep into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.? Facebook Group? The Ultimate Foreclosure HubEquip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.? Official Website? Network with Donny Coram, The Foreclosure Deals CoachForge connections, share your journey, or simply drop a hello!? LinkedIn? InstagramNote: Some links may be affiliate. Your support keeps us creating quality content.