The Invisible Hand
How 50 Year Mortgages Actually Work and Why They Cost You Double
18:03
That 50-year mortgage your bank keeps pushing? It'll cost you an extra $200,000 in interest payments while making housing even less affordable for everyone. In this episode, Emma Reid breaks down the math that lenders don't want you to see and explains why these "affordable" loans actually make the housing crisis worse. Think lower monthly payments mean you're saving money? Think again. A…