Real Brief - LI & NY's Real Estate Show! The 40-year mortgage! Is this really a thing? You bet, and I speak about it here!

As of May 8th the 40-year mortgage from FHA is going to be an option!<br /><br /> What does this mean to you? What does this mean to housing payments? Does this mean that there will be lower payments? Will everyone qualify?<br /><br /> When is this actually going to happen? I have all of your answers right here!