U.S. President Donald Trump may be touting them as a solution to the housing crisis in that country, but experts say the 50-year mortgage is unlikely to find takers in Canada.

Last week, Trump posted on social media, comparing his proposal to offer longer mortgage terms to former U.S. president Franklin D. Roosevelt’s proposal for 30-year mortgages.

“Thanks to President Trump, we are indeed working on The 50 year Mortgage – a complete game changer,” U.S. director of federal housing Bill Pulte posted on social media following Trump’s post.

The White House says this will help lower monthly mortgage payments, helping new people enter the housing market, but it quickly drew criticism from policymakers, social media and economists.

What it save a homeowner money?

Extending the life of a

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