A 50-Year Mortgage Does Nothing for “Affordability,” Is a Terrible Deal for Homeowners and a Superb Deal for Banks & Investors

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A 50-Year Mortgage Does Nothing for “Affordability,” Is a Terrible Deal for Homeowners and a Superb Deal for Banks & Investors

wolfstreet.com/2025/11/11/a-50-year-mortgage-does-nothing-for-affordability-is-a-terrible-deal-for-homeowners-and-a-superb-deal-for-banks-investors

Monthly payment of a 50-year mortgage of $500,000 would be only $91 lower than of a 30-year mortgage, but homeowners would get crushed by nearly $1 million in interest.

This story appeared on wolfstreet.com, 2025-11-11 20:56:04.