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November 14, 2025

50-year mortgage? One notable benefit but a number of drawbacks

  • Critics argue it won't solve issues like supply shortages and high interest rates.
    • By KEN SWEET
    AP Business Writer

    NEW YORK — The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.


     
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