Would you consider a 40-year mortgage? One Fed official thinks it’s a good idea. But others say it's a risky proposition. - MarketWatch

Should the federal government start backing mortgages even longer than 30 years? Philadelphia Federal Reserve Bank president Patrick Harker thinks it could be a solution to an emerging problem in the housing-finance ecosystem.

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https://www.marketwatch.com/story/a-40-year-mortgage-this-fed-official-thinks-its-a-good-idea-11648675641