Trump suggests the idea of a 50-year mortgage. Here's what buyers should know.

3 weeks ago 10
Trump suggests the idea of a 50-year mortgage. Here's what buyers should know. - CBS News

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President Trump, in a social media post over the weekend, suggested the idea of a 50-year mortgage. It comes as the average age for a first-time home buyer has climbed to 40 years old. CBS News MoneyWatch correspondent Kelly O'Grady explains how it could impact home ownership.

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