Trump wants you to have a 50 year mortgage

CharlestonTiger15® · 2025-11-09T13:17:06.349Z

Hahahahahahahaha I’m half inclined to dredge up posts from last year about how you had to vote for Trump because the “globalists don’t want you to own anything.” Can’t do anything about cost of living or cost of borrowing? Let’s just make everyone debt slaves until they drop dead! https://thehill.com/homenews/administration/5597005-trump-administration-50-year-mortgage/amp/

What are the effects on housing when you let in 30 million people in 3.5 years?***

Re: So you're blaming the immigrants for being too poor to own a home?***

Tiggity®

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I'll let AI provide my word wall.

Nov 9, 2025, 12:24 PM

The standard American 30 year FIXED RATE mortgage is an international anomaly. Many other countries have 30 year mortgages, well, some, but only a couple HAVE RATES FIXED FOR 30 YEARS. Denmark is the only other country to widely use 30 year fixed rate mortgages. UK comes close, but it's not as common. THAT IS IT.

Gemeni - Google
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The United States is the only country where 30-year fixed-rate mortgages are the standard, though they may be available in other countries. Many other countries have different mortgage standards, such as shorter fixed-rate periods (like the five-year fixed rates common in the UK or two-year rates in Australia), variable-rate mortgages, or other fixed terms like 10 years in Denmark.
United States: The 30-year fixed-rate mortgage is the dominant product due to government policies that support home ownership.
United Kingdom: Five-year fixed-rate mortgages are the norm, with 30-year fixed-rate options being less common and sometimes more expensive.
Australia: Variable-rate mortgages are the standard, and fixed-rate mortgages are typically for shorter terms, around two years.
Canada: The longest fixed-rate terms are typically 10 years, with a common mortgage maturity of 25 years.
Denmark: While variable-rate mortgages are common, 30-year fixed-rate mortgages are a standard form of home loan.
Other European countries: Many countries in Europe, such as Belgium, France, Germany, and the Netherlands, have dominant fixed-rate mortgages, but the typical terms are shorter, often 10 years, as seen in Germany.

CoPilot - Microsoft
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How many countries offer 30 year fixed rate mortgages
Only a few countries offer 30-year fixed-rate mortgages, with the United States being the most prominent. Most other countries rely on shorter-term or adjustable-rate mortgage products.

🌍 Global Overview of 30-Year Fixed-Rate Mortgages
United States: The 30-year fixed-rate mortgage is the dominant home loan product, used by nearly 90% of homebuyers. It’s supported by government-sponsored enterprises like Fannie Mae and Freddie Mac, which help stabilize and fund long-term lending.

Other Countries: Very few countries offer 30-year fixed-rate mortgages as a standard option. In most of the world:

Canada: Mortgages are typically fixed for 5 years or less, even if amortized over 25–30 years.

United Kingdom: Fixed-rate periods usually last 2–5 years, with few lenders offering longer terms.

Germany: Fixed-rate mortgages up to 15 years are common, and 20–30 year terms are available but less popular.

Denmark: Offers long-term fixed-rate mortgages (up to 30 years), making it one of the few exceptions in Europe.

France and Japan: Some lenders offer long-term fixed-rate loans, but they are not the norm.

🧠 Why So Rare?
Interest Rate Risk: Lenders in most countries are reluctant to lock in rates for 30 years without government backing.

Banking Systems: Many countries have banking systems that favor adjustable-rate loans to match short-term funding sources.

Government Support: The U.S. system uniquely supports long-term fixed-rate mortgages through federal programs and secondary markets.

So while the U.S. is often seen as the global outlier, a handful of countries like Denmark and Germany do offer 30-year fixed-rate options, though they are far less common or accessible than in the U.S..

Chat GPT
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The availability of 30-year fixed-rate mortgages is most common in certain countries, but it is not universal. The countries that tend to offer these types of mortgages typically have well-developed housing markets and financial systems. Here's a breakdown of some key countries where 30-year fixed-rate mortgages are available:
1. United States
The U.S. is the most well-known country for offering 30-year fixed-rate mortgages. These loans are offered by many lenders and are backed by government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac. The 30-year fixed mortgage is a popular choice for homebuyers due to the long-term stability and predictability it offers.
2. Canada
Canada has a similar system to the U.S., and some lenders offer fixed-rate mortgages with terms of up to 25 years. However, while 30-year fixed mortgages are less common, they are available in some cases, especially for buyers with higher down payments.
3. United Kingdom
The UK primarily offers variable-rate mortgages or fixed-rate mortgages with shorter durations (such as 2, 3, or 5 years). However, longer-term fixed-rate mortgages, including 30-year options, are available through some lenders, though they are not as widespread as in the U.S.
4. Australia
In Australia, most home loans are adjustable, with fixed-rate options typically for shorter periods (1-5 years). However, there are some lenders that offer longer fixed-rate mortgages, including up to 30 years, although these are relatively rare.
5. Germany
Germany has a different mortgage structure, with more emphasis on long-term fixed rates (often 10-15 years) rather than the 30-year terms typical in the U.S. Still, it's possible to find some longer fixed-rate loans, but 30-year fixed mortgages are uncommon.
6. Sweden
Sweden and other Scandinavian countries generally offer shorter-term fixed-rate mortgages (5-10 years). However, some long-term fixed-rate loans are available, but 30-year fixed rates are not standard.
7. France
In France, it is possible to get long-term fixed-rate mortgages, but the typical fixed mortgage terms are between 15-25 years. The 30-year fixed mortgage is available from some banks but is less common.
8. New Zealand
New Zealand offers both fixed-rate and variable-rate mortgages. Fixed rates are usually available for terms of up to 5 years, though longer fixed-rate loans (including those for 30 years) can sometimes be found, especially in the case of commercial or larger residential loans.
9. South Korea
South Korea offers fixed-rate mortgages, but the most common terms are 10-20 years. Long-term fixed-rate loans, including 30-year options, are less frequent but still available through certain institutions.
10. Netherlands
The Netherlands generally offers long-term fixed-rate mortgages, but these are usually limited to 10, 15, or 20 years. A 30-year fixed mortgage may be available in some cases, but it is not a standard offering.

Summary:
While the United States is the country where 30-year fixed mortgages are most common, there are a few other countries, such as Canada, New Zealand, and France, where such products are available, though they are not as widespread or standard as in the U.S. Many countries favor shorter-term fixed-rate mortgages, often between 5 and 15 years, or they may offer variable-rate loans instead.
If you're specifically interested in a particular country, I can help look into more detailed mortgage options for that region.

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When folks say, "You'll regret that in the morning", I just sleep until noon, because I'm a problem solver.

Why provide facts?

In the few countries where you can get a 30 year fixed, they penalize

Yeah no.

This isn't what Trump is talking about. Again I will let AI do the typing.

Google Gemini (again)
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While no European country has a legal system that automatically passes mortgages down generations, many countries, especially in Southern Europe, see a high degree of intergenerational wealth and property transfer, where a mortgage is inherited along with the property and then the heir must remortgage it in their name. Some UK lenders have even started offering longer-term mortgages that are being discussed as a way to pass them down, but this is not a common or established practice.
Inheritance of property with a mortgage
The inheritance of a property with a mortgage is common in countries like Spain.
When a property is inherited, the heir does not automatically take on the previous owner's mortgage. The new owner must:
Remortgage the property in their own name to secure a new loan and pay off the old one.
Manage any outstanding debts associated with the property, which may include the mortgage.
Southern European countries, such as Spain, Italy, and Greece, have a high prevalence of home ownership among the elderly, which leads to more property being inherited by younger generations.
Long-term mortgages
The UK has been discussing 50-year mortgages as a way to tackle affordability issues.
These long-term mortgages are not yet common, but they are being explored as a way to make it possible for younger generations to inherit mortgages over time.
The average age of receiving an inheritance in Spain is 51, and with the average mortgage being 25 years, there's a short gap between when an inheritance is received and the mortgage is paid off.
Other factors
The concept of "intergenerational wealth transmission" is a significant factor, as parents who are homeowners are more likely to help their children become homeowners as well.
Some European countries have strong inheritance and gift tax systems, which can affect how much wealth is passed down between generations.
In some countries, families may live together for longer, allowing older generations to support their children financially and help with housing.

Re: Trump wants you to have a 50 year mortgage

Re: Trump wants you to have a 50 year mortgage

Re: Trump wants you to have a 50 year mortgage

What are the effects on housing when you let in 30 million people in 3.5 years?***

People like Porky Pulte were scared to build after Great Recession

Re: People like Porky Pulte were scared to build after Great Recession

Re: People like Porky Pulte were scared to build after Great Recession

Re: People like Porky Pulte were scared to build after Great Recession

So you're blaming the immigrants for being too poor to own a home?***

Re: So you're blaming the immigrants for being too poor to own a home?***

Re: So you're blaming the immigrants for being too poor to own a home?***

Re: What are the effects on housing when you let in 30 million people in 3.5 years?***

Re: What are the effects on housing when you let in 30 million people in 3.5 years?***

Re: What are the effects on housing when you let in 30 million people in 3.5 years?***

Re: Trump wants you to have a 50 year mortgage

We're about the only country on Earth who offers a fixed 30 year, lol.

Re: We're about the only country on Earth who offers a fixed 30 year, lol.

I'll let AI provide my word wall.

Why provide facts?

In the few countries where you can get a 30 year fixed, they penalize

Re: I'll let AI provide my word wall.

Wildly popular in Europe as a matter of fact

Yeah no.

You can do that in the US with current trust and estate laws

The people supporting this in this thread don't even know why

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