The U.S. housing market is in the midst of an affordability crisis. Home prices have soared, mortgage rates remain above 6%, and the average age of first-time buyers has climbed to nearly 40. Against this backdrop, the Trump administration has floated a bold idea: introducing 50-year mortgages as a way to make homeownership more accessible. …
Continue reading “The 50-Year Mortgage: A Game-Changer or a Debt Trap?”
