Some conservative lawmakers and influencers, as well as economists, have panned the idea. Read more at straitstimes.com. Read more at straitstimes.com.

WASHINGTON >> President Donald Trump downplayed possible 50-year mortgages as a way to make houses more affordable than typical 30-year loans, as some supporters balked at a plan that would have homeowners paying more in interest and taking longer to build equity.

US President Donald Trump downplayed possible 50-year mortgages as a way to make housing more affordable, amid concerns from some supporters that such loans would increase interest costs and delay...