This episode of the Pursuit of Property podcast delves into the rural homeownership crisis, highlighting the significant increase in income required to afford homes in rural areas, the impact of remote work on housing demand, and the ongoing supply and demand issues affecting rural housing markets. The hosts discuss the challenges faced by rural homebuyers, the disparity in income growth compared to urban areas, and the future of rural homeownership amidst changing economic conditions. They also provide insights and advice for current homeowners in rural areas.

Redfin article: https://www.redfin.com/news/suburban-urban-rural-q3-2025/

Team@JohnGaltMortgage.com

In this episode, we discuss occupancy fraud, high-profile cases of mortgage fraud, the role of AI in detecting fraud, the consequences of fraud in politics, and more.

www.johngaltmortgage.com

team@johngaltmortgage.com

In Episode 3 of the Pursuit of Property Podcast, hosts Max Rymer and Andrew Chermak dive into one of the most talked-about topics in housing news: the proposed 50-year mortgage. After comments from FHFA leadership sparked national debate, Max and Andrew break down what this policy would actually mean for affordability, interest rates, homeownership, and long-term financial health.

They unpack how the 50-year concept compares to the traditional 30-year mortgage, why interest rates rise as terms lengthen, and the unintended consequences that could leave buyers paying mostly interest for the first decade. The conversation also looks back at the history of U.S. mortgages—how FDR’s 30-year fixed loan transformed housing—and why extending terms today may not solve the core problem.

They discuss:

• Why a 50-year mortgage might not lower payments as much as people expect
• Why homeowners could end up “renters with paperwork”
• How amortization works (and why equity matters)
• Whether this helps or harms first-time buyers
• The political motivations and economic implications
• Why fixing affordability requires deeper structural changes, not just longer loans

If you want a clear, honest breakdown of mortgage policy from two industry insiders, this episode delivers it.