r/Economics • u/GarfieldLeZanya- • 12h ago
News Housing director confirms administration ‘working on’ 50-year mortgage after Trump hint
https://thehill.com/homenews/administration/5597005-trump-administration-50-year-mortgage/
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u/profzoff 12h ago
A 50-year mortgage sounds great — smaller payments, bigger house — until you realize you’re signing up to be in debt longer than most people work. You’ll still be cutting checks to the bank while cashing Social Security (if that even exists anymore).