

It’s beyond bad, it’s outright dumb as fuck.
As it stands, a 30yr mortgage at current interest rates means that you end up paying ~$1.20 in interest for every $1 borrowed.
A 50yr mortgage at current interest rates would have you pay $2.50 in interest for every $1 borrowed.
You would end up literally paying 3.5x the value of the mortgage - it’s outright criminal.






They do exist, depending on the types of trash;