The American dream feels increasingly out of reach. The average age of first-time home buyers is now 40, and home prices have skyrocketed for years. President Donald Trump is offering a purported solution: The 50-year mortgage.

Trump’s proposal “could meaningfully reshape a housing market where 30 years is the norm,” said CBS News . The extended term is a “potential weapon” for “ensuring the American Dream,” said Federal Housing Finance Agency Director Bill Pulte. Spreading house payments out over a half-century would offer buyers “lower monthly payments” but with the significant downside of a “dramatic increase in the total cost of the loan” thanks to interest payments, said CBS. Homebuyers would also “build equity far more slowly than those with shorter loans.” There are skeptics

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