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

Name: Trump suggests the idea of a 50-year mortgage. Here's what buyers should know.
Uploaded: 2025-11-10T07:15:00-0500
Duration: 2 min 2 s
Description: 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.

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.