A 50-Year Home Mortgage?

The Rich Zeoli Show- Hour 1: 3:05pm- Blue Origin has postponed its New Glenn launch to Mars for NASA due to inclement weather. New Glenn is one of the world’s largest rockets—and was set to take off from Cape Canaveral, Florida. 3:10pm- The White House may back a 50-year mortgage option for homebuyers. Those in support of the idea argue that it would help prospective buyers who may not otherwise be able to afford a home. Alternatively, others have criticized the plan—noting that borrowers will not be able to repay the loan. 3:30pm- On Thursday, joined by First Lady Melania Trump, President Donald Trump signed an executive order which will offer government support for older youths transitioning out of foster care. 3:40pm- Excessive Regulation: President Donald Trump has pardoned Michelino Sunseri—a record-setting trail runner who briefly used a restricted path while running the Grand Teton in Wyoming. Federal prosecutors had argued Sunseri violated National Park Service regulations. 3:50pm- Rich watches How the Grinch Stole Christmas—and he has an interesting take.