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US housing officials urge caution on proposed 50-year home loan idea

US housing leaders said the 50-year mortgage proposal remains under review, with further research needed before any policy move to address affordability.
The head of the said more analysis is required before advancing a proposed 50 year mortgage aimed at easing affordability pressures. noted the concept remains preliminary, even as has voiced support for longer loan tenures to lower monthly payments. Separately, Director said his office is exploring options. Officials emphasized the proposal is one of several under review to expand homeownership.