Is a 50-year mortgage really that much crazier than a 30-year one?
Published on November 24, 2025
Booth's Eric Zwick, the Joel F. Gemunder Professor of Economics and Finance and Charles E. Merrill Faculty Scholar, argues that there may not be a huge difference in the typical 30 year mortgage, and the newly proposed, seemingly radical, 50 year mortgage. Making monthly costs less daunting over a longer period is one of the reasons mentioned.
Read the full article and learn about the reasoning behind a 50 year mortgage from Zwick and others at the NPR website.