We, the undersigned, strongly oppose any proposal to introduce 50-year mortgages in the United States.

A 50-year mortgage is not “making homeownership more accessible”—it is a predatory financial product that would trap families in debt for half a century, spanning multiple generations. Key reasons to reject it:

•  Crushes wealth-building: Homeowners would pay hundreds of thousands more in interest while building equity at a snail’s pace.

•  Locks families into debt for life: Most people move or refinance within 7–10 years. A 50-year term means restarting the clock and paying even more interest.

•  Exploits first-time and lower-income buyers who are already struggling with high prices and rates.

•  Benefits banks, not families: Lenders collect interest for decades while borrowers remain underwater longer.

Homeownership is supposed to be a path to financial freedom, not a lifetime sentence of payments that outlive the buyer.

We demand:

1.  Federal and state regulators reject any 50-year mortgage products.

2.  Congress prohibit mortgages exceeding 30 years.

3.  Lenders focus on real solutions: lower rates, down-payment assistance, and responsible 15–30 year loans.

American families deserve better than generational debt. Sign now to stop the 50-year mortgage before it starts.