Your Money Minute What About A 50 Year Mortgage 11/20/25
Nov 20, 2025
Explore the pros and cons of 50-year mortgages. Long terms can feel like interest-only loans since few stay in their homes for decades. Experts warn that interest rates on these loans might actually exceed those for 30-year options, potentially erasing any monthly savings. Tune in for insights that could change your mortgage game!
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50-Year Mortgage Aimed At First-Time Buyers
- A proposed 50-year mortgage would lower monthly payments and aim to help first-time buyers afford homes.
- Kevin Hassett says the policy targets rising first-time buyer age and low homeownership entry.
Legal Hurdles To Longer Mortgages
- A 50-year mortgage isn't currently allowed and would require an act of Congress to implement.
- CNBC discussion notes uncertainty around whether Congress would permit such loans.
Long Terms Can Mimic Interest-Only Loans
- Longer terms lower payments but can resemble interest-only loans in effect for many buyers.
- Observers warn most buyers won't keep a home 50 years, so amortization may feel like paying interest long-term.