KEY POINTS

Fifty-year mortgages may lower monthly payments but increase total interest costs significantly.

Current market conditions make loans over 50 years unlikely with low interest rates.

Policy support required for broader adoption of 50-year loans amid mixed industry reactions.

President Donald Trump earlier this week floated a 50-year mortgage as an affordability fix during a struggling economy. The idea drew cheers from some who want lower monthly payments — and warnings from others who see slower equity and bigger lifetime costs.

The idea was initially posted to the president’s Truth Social and quickly shared to X by Director of Federal Housing Bill Pulte, who claimed that it would be “a complete game changer.”

Utah voices react

Zions Bank CRA mortgage lender Carlos Sa

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