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Trump’s proposed 50-year mortgage lowers monthly payments slightly but adds hundreds of thousands more in interest, helping banks and builders while hurting first-time buyers. Canada once had 40-year mortgages and could follow if supply issues persist. Longer terms do not fix affordability and only raise prices without major housing supply reforms.
By Flow Mortgage CoTrump’s proposed 50-year mortgage lowers monthly payments slightly but adds hundreds of thousands more in interest, helping banks and builders while hurting first-time buyers. Canada once had 40-year mortgages and could follow if supply issues persist. Longer terms do not fix affordability and only raise prices without major housing supply reforms.

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