Finance

50-year mortgage: Why an extra two decades can cost far more than it saves

How a 50-year mortgage compares to a 30-year mortgage.

Understanding the rise of the 50-year mortgage Housing affordability has become a difficult challenge in many countries. Younger buyers struggle to secure deposits, middle-income families face high monthly commitments, and older borrowers see lending criteria tighten as they approach retirement. As property prices climb faster than wages, banks and policymakers …

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