Should You Consider a 50-Year Mortgage? Pros and Cons for Homebuyers in Reno–Sparks
Is a 50-year mortgage a smart way to buy your next home? Or is it a long-term financial risk? As housing prices rise and affordability becomes a bigger challenge, especially here in the Reno–Sparks market, conversations about extended mortgage terms are gaining traction.
In our latest video, special guest and fellow Haute Properties Realtor Neetha Gorla and I break down everything you need to know about 50-year mortgages: who they’re designed for, how they compare to a traditional 30-year loan, and what the long-term impact could mean for your finances.
