Over the past several months, former President Donald Trump has floated a number of ideas aimed at helping Americans buy homes again. Among them are proposals such as 50-year mortgages and other creative financing tools intended to lower monthly payments for buyers struggling with today’s interest rates.

The intention behind these ideas are novel and understandable. Housing affordability has become one of the biggest economic challenges facing Americans. Mortgage rates remain far higher than they were just a few years ago, and the cost of housing has continued to rise across most of the country. However, extending mortgages to 50 years details ⇒

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