President Donald Trump recently floated the idea of 50-year mortgages on social media.
It has people and experts talking, but how would it even work?
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Last year, the National Association of Realtors said the median age for a first-time homebuyer was a record high at 38 years old.
Not only are first-time buyers getting older, but there's less of them, as they only make up 24% of buyers.
"Roosevelt did that…the 30-year mortgages. And that was unique at that point. 50 years is a quantum leap," University of New Haven accounting taxation associate professor James Mohs said.
In a day in age when many people are stuck renting, what could a 50-year mortgage look like?
Say you want to buy a house tomorrow. The median p

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