The interest rate on a 50-year mortgage would be higher than it would be on a 30-year mortgage. And you'd be making payments for many, many more years.

Mark Zandi, chief economist for Moody's Analytics, says there isn’t much of a difference between a homeowner with a 50-year mortgage and a renter.

Betsey Stevenson, professor of public policy and economics at the University of Michigan, warns that homes can depreciate in value.

A 50-year mortgage? A 15-year car loan? Is that the only way the middle class can get a glimpse of the American Dream now? Bury yourself in debt for decades?

Not a fan.

Social media heated up with mortgage talk after President Donald Trump proposed the idea of a 50-year mortgage on Saturday in a post on Truth Social.

One post by Trump shows a picture of Preside

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