WASHINGTON (Reuters) -U.S. President Donald Trump downplayed efforts to offer a 50-year mortgage as a way to make owning a house more affordable than with typical 30-year loans, even as homeowners would pay far more in interest and take longer to build equity.

“All it means is you pay less per month. You pay it over a longer period of time. It’s not like a big factor. It might help a little bit,” Trump told Fox News’ “The Ingraham Angle” program on Monday night, blaming his Democratic predecessor Joe Biden and the Federal Reserve’s interest rate policies for home affordability concerns.

Some conservative lawmakers and influencers as well as economists have panned the idea, noting that it would take people longer to actually own their homes under such loans.

Over the weekend on X, Republ

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