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Trump Backs 50‑Year Mortgages as Russia Rules Out Similar Move

Russian lawmakers signal a continued reliance on subsidized interest rates rather than lengthening loan terms.

Overview

  • President Donald Trump told Fox News he supports allowing 50‑year home loans in the United States to ease monthly payments.
  • The typical U.S. mortgage still runs about 30 years, highlighting how far the proposal would extend borrowing horizons.
  • State Duma committee chair Sergey Gavrilov warned that 50‑year loans would inflate housing prices, load risks onto banks and taxpayers, and leave borrowers indebted for most of their lives.
  • Some market voices in Russia, including Rustam Azizov, floated targeted preferential 50‑year products for young specialists, while analysts cautioned such terms make sense only at very low rates near 1–3% and carry long‑term vulnerabilities.
  • First deputy chair Vladimir Koshelev said Russia is not considering 40–50 year mortgages and is addressing affordability through state‑subsidized programs such as Family mortgage.