OHIO, USA — President Donald Trump took to Truth Social over the weekend to float the idea of a 50-year mortgage.
In his post, he compared the idea to FDR’s introduction of a 30-year mortgage under the New Deal.
This comes as young Americans struggle to break into the housing market.
The average age of a first-time home buyer in 2025 is 40-years-old compared to 33-years-old in 2020 and 28-years-old in 1991, according to data from the National Association of Realtors.
Central Ohio realtor Steve Smith said a 50-year mortgage could help first time buyers get their foot in the door of homeownership, but he would not recommend using the option long term.
“I think the best strategy for a 50-year loan would be to get in and possibly refi three to five years down the road, build a little equi

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