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WIBC 9AM-Noon Podcast

Mark Dietel joins to discuss Trump's 50-year mortgage idea

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 11 November 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:04.4

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0:10.1

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0:24.6

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0:26.2

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0:30.0

So the president has proposed a 50-year mortgage, a lot of people expressing a lot of concerns.

0:36.4

Let's talk to an expert on how it might

0:39.1

affect the real estate industry, home buying, and home selling. It's Kennell and Casey's out today. Let's

0:45.4

go to the WIBC hotline, joined by our great friend Real Estate Agent Extraordinaire here in the

0:50.9

state of Indiana. Mark Dietl joins us now. Mark Dietl, hello.

0:58.8

Good morning, Rob. How are you this morning? Doing great. As always, we put the little disclaimer out.

1:03.8

Of course, you do advertise on this fabulous radio program and this fabulous radio station.

1:10.0

That being said, the 50-year mortgage seems to have a lot of people concerned. You're in the business.

1:12.4

What say you? Well, two things really quick. I am a licensed real estate agent here in Indiana, and I am also a licensed mortgage

1:18.0

loan originator or mortgage loan officer. So I spend primarily most of my time, obviously,

1:22.5

working on the real estate side of the business, but I do have somewhat of a working knowledge

1:26.6

on this whole mortgage situation. So I think it's very interesting. It's really kind of the tip of the iceberg is what I would like to say. There's a lot of things that have to happen before all of a sudden we just start seeing 50-year mortgages. And when I say that, you know, there's qualified, non-qualified loans, there's, you know, the interest rate's going to be higher.

1:45.5

What does it look like?

1:46.7

So it's very interesting.

1:47.9

But I think it is a talking point for us to really start discussion, the underlying problem.

...

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