Trump wants to promote 50-year mortgage loans, industry insiders question feasibility: Interest costs double, lifetime repayment is never completed

According to the Zhitong finance and economics APP, it was learned that according to the content posted by Trump on the "Truth Social" platform, he proposed to launch a new 50-year mortgage plan to encourage young people to purchase real estate. The U.S. president has proposed the idea of implementing a 50-year mortgage plan to help voters address one of their most concerned issues: housing affordability. Trump said in an interview aired on Monday: "This actually just means that the amount you pay monthly will decrease."