11/11/2025
Back in the 1930s, President Franklin D. Roosevelt introduced the 30-year mortgage through the New Deal — a revolutionary idea at the time that made homeownership possible for millions.
Now, nearly 90 years later, President Trump is proposing a 50-year mortgage — stretching payments across half a century.
On paper, it sounds like relief:
💰 Lower monthly payments
🚪 Easier entry for first-time buyers
📈 Breathing room in a high-rate market
But here’s the catch:
⏳ Slower equity build-up
💸 Much higher total interest
🔥 And it could inflate housing prices even more
Would you take a 50-year mortgage if it meant owning sooner?