The 30-year mortgage has been the American standard for decades, balancing affordable monthly payments with a reasonable repayment period. However, as home prices soar and interest rates rise, particularly in urban areas, even 30-year mortgages can leave many families struggling with unaffordable payments. A 40-year mortgage would lower monthly payments by extending the repayment period and possibly locking in an affordable market rate, making homeownership accessible to a broader segment of the population. You also pick up massive appreciation potential on the back end with conservative appreciation levels. Unlike when 39 yr mortgages were created almost 100 years ago, today, with life expectancy nearing 80 years, a 40-year term aligns better with modern realities. Read the complete cnbc OpEd (link founded in my bio above). Thank you Fortune for giving me the platform to discuss the challenges with home mortgages in America and how a simple change can make a big impact for all of...